EMV/CHIP CARDS ARE HERE, ARE YOU READY?
UP Payments has you covered to accept all card type payments, including chip cards by both MasterCard and Visa. Chip cards are not only more secure for your consumers, but also very simple and easy to use. They work with your terminal or EMV capable device, to protect in-store or “card-present” transactions. A unique one-time code is generated and necessary for the transaction to be approved. This new feature is virtually impossible to replicate in a counterfeit card.
THE DEADLINE FOR EMV/CHIP CARD LIABILITY SHIFT, IS OCTOBER 1, 2015.
All retail merchants, whom do not support EMV, will assume the liability for all counterfeit card transactions. Payment security is a very important issue and should be taken very seriously. Not to mention, if you have customers that want to use their chip cards for peace of mind, you need to have the means to accept them.
If fraud occurs by negligence of your dealership, you will be held legally and financially responsible.
Apple Pay is one of the hottest payment technologies in the market today and UP Payments has you covered! Not only do we support the acceptance of Apple Pay and want to make sure that you’re able to take advantage of the security benefits of this payment option. Also, with EMV (Chip & Pin) and NFC making headlines, find out more about what your business can do to enhance security and technology all in one!
PROFIT RECOVERY / CHECK & A/R COLLECTIONS
Use a First Party collection letter or written demands to speed profit recovery.
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