Generation Z is a young demographic with significant purchasing power.
Category: Industry Trends
Fallback fraud rates are growing but merchants can stop it.
EMV implementation has drastically improved since the liability shift in 2015.
Consumers currently use digital wallets in small numbers, but small businesses anticipate a change in the trend and will install applicable devices to accept their payments in coming years.
Businesses in today’s technology-driven consumer market need to lean heavily on reliable systems that ensure productivity and customer satisfaction, while also maintaining data security.
As detailed in the 2017 Debit Issuer Study commissioned by Pulse, the third-largest debit and ATM network in the United States, it’s estimated that 80 percent of debit cards in the U.S. have been converted to EMV chip cards since the since the 2015 fraud liability shift.
Customers complete their transactions in less time with Quick Chip terminals.
Small businesses need effective solutions for processing credit and debit card payments.
The payment preferences of customers indicate growing use of credit and debit cards.
Making the move to a modern software for credit card processing must be a priority for all businesses.