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With a nationwide shortage of microchips, we still have hundreds of MICROS POS-compatible EMV terminals in stock and ready for immediate deployment. For businesses, an Emv Solution For Micros Symphony can prove to be quite significant.<br>We can provide you with solutions; with our help, your MICROS POS system will be able to support EMV chip readers, allowing you to transact more freely. We provide Emv Credit Card Reader For Micros 3700 and Micros Symphony.<br>
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TheSignificanceOfEMVCreditCardReaderFor Micro’s Systems EMVis afraudreductiontechnologythatcanhelpprotectissuers,merchants,and consumers from damages caused by the use of counterfeit and lost or stolen point-of-sale payment cards. Currently, the cardholder's information is stored on a magnetic stripe located onthe back of the card. The EMV terminal (chip reader) is one of the newly added features in the card payment industry. Traditional creditcards,with amagnetic stripe on the back, have been slowly modifiedover time and have recently been converted into the small chips that are now embeddedinmostcards.Themicrochipprovidesenhancedsecurityforcardholder information. UnderstandingEMV EMV stands for Europay, MasterCard and Visa. This is the standard for integrated circuit cards, point-of-sale (POS) terminals and automated teller machines (ATMs) in the credit card industry. EMV began as a co-developed global standard to facilitate interoperability between computersmartcardsandterminalsusedbymajorfinancialservicescompanies. A consortiumof financial firms currentlyoperates the standard andis known as EMVCo.
Point-of-sale terminals that meet EMV standards often require cardholders to use a personal identificationnumberor PIN instead of simply providing a signature, which adds an extra layer of security. The EMV card also contains an integrated circuit chip, which encodes each transaction differently. If a criminal intercepts data from a smart card transaction, the data cannotbe reused to make another purchase. TheEMVstandardcoversthephysicalaspectsofcardsanddevices, as well as data processingcapabilitiesand technology. This applies to swipe cards (called contact cards) and contactless cards (contactless cards), as well as new e-commerce standards and online transactions being developed. Credit and debit cards traditionally used a magnetic stripe to managecardholderdata.Afterthat,thecardholderwillsigntheconfirmationwhenmaking thepurchase.Becausesignaturescanbeforged,thissystemdoesnotprovideahighlevel ofsecurity and the magnetic stripe is relatively easy to hack, exposing the cardholder's personalinformation to criminals. WhydoMICROSSystemsNeedEMV Solutions? ThemajorityofOracle'sMICROSPOSsystemshavenotyetbeenmodifiedtobe IC-compliantandarestillonlycapableofreadingmagnetictape.Lackofupgraded technologyputsmerchantsatriskofbeingfinedbycardcompaniesandlosingall chargebacksfornotmeetingup-to-datepaymentcardstandards.Withanationwide shortageofmicrochips,westillhavehundredsofMICROSPOS-compatibleEMVterminals in stock and ready for immediate deployment. For businesses, an Emv Solution For Micros Symphonycan prove to be quite significant. This is important due to the increasing number of credit card frauds. As of October 2015, if a customer uses a fraudulent chip card and the merchant does not have an EMV card reader, that merchant may be liable for fraud. This is called "transfer of responsibility". The impact of merchantliability has resulted insteady growth in chip cardtransactions. For businesses using Square Stand and Reader, in March 2015 chip card transactions were only17%oftotaltransactions.Andthatwassevenmonthsbeforethelastliabilitychange wasenacted.Injustfivemonths,thatnumberhasgrownto36%.InJuly2016,71%ofall cardtransactionsweremadewithchip cards. The transition to an EMV card reader was quick,and swiping your card is nowrarer than inserting a chip. What We CanProvide? Our EMV terminal can accept all the latest EMV and contactless payment options. Since COVID-19 became a major concern, many restaurants are looking for ways to reassure their customersandincreaserestaurantoccupancythroughsafertransactions.Wecanprovide youwithsolutions;withourhelp,yourMICROSPOSsystemwillbeabletosupportEMV
chipreaders, allowing you to transact more freely.We provide Emv Credit Card Reader For Micros3700and Micros Symphony. We Provide Free technical support for yourMicrosPOS machine OurMicroIntegratedPayment’s Shift4technologyrecentlyacquiredMICROSRetail Systems Inc., one of the nation's leading MICROS POS resellers. All new merchants joining will receive free 24/7 support from MICROS Retail systems. There are approximately one hundred MICROS representatives available to handle all technical and software services for ouresteemed customers.
