Retriever Merchant Solutions (RMS) is a leading payment processing service provider based in the Chicago area. Offering businesses the latest technologies to upgrade their points of sale, Retriever Merchant Solutions (RMS) enables businesses to securely manage their financial transactions. Experts are hailing the US conversion to EMV or “chip cards” a success. EMV is an acronym for Europay, MasterCard, and Visa, and it has revolutionized payment processing security. While the US took many years to catch up with European-level payment card security, just a few years after the rollout began industry experts now say that the EMV technology has significantly reduced fraudulent transactions. Visa reported a 58 percent drop in counterfeit fraud in December 2016 compared to the same month the previous year, and Mastercard saw a decline in counterfeit fraud of more than 50 percent from April 2015 to April 2016. Most consumers would say that inserting a card has become as natural as swiping one. Please visit www.rmsnpc.com for more information on EMV technology.
0 Comments
Leave a Reply. |
AuthorRetriever Merchant Solutions - Options in Payment Processing Archives
October 2020
Categories
All
|