Update - since this blog post went up, I have also been contacted by TSYS users reporting a 11.5 cent/transaction non-compliance surcharge so its extremely clear that the credit card industry is cracking down on PCI/SHA-2/EMV requirements.
It has been reported to me that some First Data customers have started seeing $20 to $25 monthly fees on their statements for not being PCI compliant and/or not having the hardware in place to accept EMV/Chip Cards. While this may not sound like much, paying $240 to $300 per store location annually adds up quickly.
Microsoft Dynamics RMS users may want to take a look at Card Defender which is hardware and software for Microsoft Dynamics RMS that is PCI compliant, works with First Data, and also allows you to accept EMV/Chip Cards as payment.
More information on Card Defender can be found here: http://www.pospondering.com/p/card-defender-emv-for-rms.html
You can also contact me at 208-340-5632 or kevinantosh@gmail.com for more information.
Offering general point of sale advice, consulting, and sales/service to independently owned beer, wine, and liquor stores in the United States.
Showing posts with label monthly fee. Show all posts
Showing posts with label monthly fee. Show all posts
Wednesday, January 18, 2017
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