Frequently Asked Questions Related to EMV Credit Card Processing
What is EMV? The quick answer: the “chip card” that is replacing your standard credit cards. These chip cards were introduced several years ago in Europe (EuropayMastercard and Visa) and are used in many countries around the world. EMV cards are more secure than traditional credit cards. In Europe, they most frequently are used in conjunction with a PIN number – called Chip-and-Pin. In the US, most credit card companies are allowing consumers to sign the terminal or receipt, instead of using a PIN number – this is called chip-and-signature.
How Do We Keep Physical Stores Relevant in the Digital Age
Winning Back the Storeless Generation
What if … 50% of your sales were online?
What happens to your bricks and mortar store?
Retail stores are losing their customers.
How Many Restaurants Deliver?
According to Quora, 14% of U.S. restaurants offer delivery.
How many restaurants in U.S, offer home delivery?
I believe that the estimate is low. More and more restaurants are offering delivery. Not offering delivery could be leaving extra income on the table that can help your business. I know of several restaurants who never offered delivery in the past that now make more than 50% of their income through deliveries.
Gift Cards. Who wants them?
The holiday gift card season is here.
Each year, gift card sales go up by about 10% over the previous year.
Over a billion dollars in gift cards have gone unredeemed. I often wonder what would happen if you gave out a gift card without any value. Would the recipient notice?