https:\/\/squareup.com\/townsquare\/emv<\/p>\n
Again, for this blog post, I am using Square\u2019s resources in defining how and what certain financial transaction technologies, such as EMV, that are in place within small businesses.<\/p>\n
EMV is a fairly new term that has been thrown around the business world. It stands for \u201cEuropay, MasterCard and Visa\u201d and it \u201cuses computer chips to authenticate (and secure) chip-card transactions\u201d (Square).<\/p>\n
Banks are migrating to EMV because they are able to encrypt bank information, making transaction-making much more secure. Originally, \u201cif businesses ran a fradulent card, the banks would absorb the cost \u2026 [but now] if there is a fradulent card and the business isn\u2019t set up with an EMV card reader, it\u2019s possible that the banks are no longer liable\u201d (Square). As Square and I anticipate, the lag in the EMV payments, which are significantly more noticeable than using the magnetic strip, will usher in a faster adoption of NFC payments which are contactless payments that are faster and just as secure.<\/p>\n
I predict that most consumers will prefer to use NFC payments over EMV style payments in the near future, especially with the \u201cinstant gratification\u201d of the future generations.<\/p>\n","protected":false},"excerpt":{"rendered":"
https:\/\/squareup.com\/townsquare\/emv Again, for this blog post, I am using Square\u2019s resources in defining how and what certain financial transaction technologies, such as EMV, that are in place within small businesses. EMV is a fairly new term that has been thrown around the business world. It stands for \u201cEuropay, MasterCard and Visa\u201d and it \u201cuses computer … Continue reading EMV<\/span><\/a><\/p>\n","protected":false},"author":1808,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1232","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":1,"qubely_featured_image_url":null,"qubely_author":{"display_name":"lphoa","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/lphoa\/"},"qubely_comment":1,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"https:\/\/squareup.com\/townsquare\/emv Again, for this blog post, I am using Square\u2019s resources in defining how and what certain financial transaction technologies, such as EMV, that are in place within small businesses. EMV is a fairly new term that has been thrown around the business world. It stands for \u201cEuropay, MasterCard and Visa\u201d and it \u201cuses computer…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1808"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=1232"}],"version-history":[{"count":2,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1232\/revisions"}],"predecessor-version":[{"id":1404,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/1232\/revisions\/1404"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=1232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=1232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=1232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}