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WHAT IS AN EMV CREDIT CARD?

EMV credit cards are not as simple as a traditional debit or credit card. They actually contain a chip in them that helps to protect the information of the person using the card. Each time a card is scanned, the chip forces the card to be authorized and approved before the transaction is completed.

What happens is, the chip work alongside of the point of sale system in your business and it actually verifies that the card is using the correct PIN number, the signature is correct, and that this information actually belongs to the person using the card itself.

The idea behind the chip is to make it safer to utilize debit and credit cards out in public.

ARE YOU IN NEED OF AN EMV CREDIT CARD PROCESSOR?

All companies need to be using a credit card processing company that is setup to accept chip enabled cards. If you are not setup to accept them and a consumer presents you with one, you can still enter in the card’s information, but should a fraudulent charge happen, you as the merchant are responsible.

Your business will be affected by this because you are required by law to meet all EMV requirements and that means you must have an EMV credit card processor in place.

If you are in need of an EMV credit card processor, contact Business Loan Approval Group today. We specialize in all types of credit card processing machines and can ensure that you are meeting all of the EMV requirements in your business.

SCHEDULE YOUR APPOINTMENT NOW

If you are new to the EMV credit card world, our team of experts can work with you to determine which option is suitable for you in your business.

Give us a call today to schedule your appointment now.

In addition to EMV credit card processing, we also offer business loans for bad credit, high risk industries, and those who need cash now. We will walk you through the entire business loan approval process from start to finish.

Here is the list of states Business Loan Approval Group Operates in

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