A card ‘by any other name’ would still run as Discover
Apologies to William Shakespeare for that headline. But it makes a dramatic point that can have your business coming up roses.
In case you aren’t aware, as a merchant who is able to accept Discover card transactions (all of our merchants are set up to accept Discover cards),
Don’t be a target in new EMV world
As most of you are aware (perhaps painfully), there has been a big change in the relationship between merchants that accept credit cards and the banks that issue them. This “liability shift” happened October 1 and impacts face-to-face payment transactions involving cards with an EMV chip on the front.
Laws and regulations regarding credit card truncation
First, credit card truncation means that electronically printed credit card receipts will print only part of the card number, usually the last four numbers. This is to prevent lost receipts from being used for fraudulent transactions.
