What is EMV?

EMV technology enhances the security of payment transactions by storing data on a chip embedded in a payment card. However, payment terminals must be equipped with the technology necessary to read the chip. The chip exchanges unique information with an EMV-enabled terminal every time the card is used. Upgrading to EMV-enabled terminals can help to better serve your customers’ demand for safer and faster ways to pay, giving them greater confidence to purchase with you. 

What is a Contactless Smart Card (NFC)?

A contactless smart card is a card in which the chip communicates with the card reader through an induction technology similar to that of an RFID (at data rates of 106 to 848 kbit/s). These cards require only close proximity to an antenna to complete a transaction. They are often used when transactions must be processed quickly or hands-free, such as on mass transit systems, where a smart card can be used without even removing it from a wallet.

How Do I Get Set Up?

Strategy Payments is committed to providing you with the knowledge you need to understand EMV technology and equipment. The equipment we offer will help protect your business from liability of the use of lost or stolen cards. Here are some of the features of our processing solutions:

• EMV capable equipment – designed to accept the new EMV cards 

• NFC capable equipment – designed to accept mobile payments such as Apple Pay™, Google Wallet™ and other mobile wallets

• Dual-mode connection – terminals can be connected through an analog phone line or a direct, high speed internet connection

• Built-in thermal printer – no need to change an ink cartridge or ribbon

• End-to-End encryption – high levels of encryption to ensure secure data transmission

Accept Apple Pay™ and Google Wallet™

Apple Pay™ and Google Wallet™ let customers to pay for purchases through a contactless payment technology and security feature built into their mobile devices. Merchants who want to accept payments via Apple Pay and Google Wallet need to be equipped with NFC (Near Field Communication) capable terminals. iPayment has the latest in NFC equipment that you can now purchase at economical prices. Now, you can use this powerful, exciting technology to boost sales. As your merchant services provider, we want you to have the latest in technology so you can impress your customers!

Are You Ready?

With the introduction of new payment standards and technology comes the difficulty of finding the best overall solution for your business at the right price. Strategy Payments is YOUR solution! Additionally, we offer among the most technologically advanced and affordable processing solutions in the industry, which means you can be EMV/NFC ready without breaking the bank.

Give us a call today at 800-315-1822 so we can help your business be prepared for the future!

Apple Pay is a registered trademark of Apple Inc. Google and the Google Logo are registered trademarks of Google Inc.