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Sage Payments Officially EMV -Certified

October 9, 2015 by Wayne Schulz

EMV_credit_card

Sage North America this week announced that their Sage Payment Solutions business is EMV (Europay, Mastercard, Visa) ready with EMV-certified payment processing.

EMV, referred to frequently as “chip and pin” is a technology standard for secure processing of credit cards. Beginning October 1, SMB merchants will need to manage shifts in liability for fraudulent transactions if they are not EMV-enabled. EMV benefits include more secure credit card transactions; opportunities to support new contact, contactless and mobile terminals; and a reduction in chargebacks.

“While October 1 was an important date for EMV readiness, it was really just a starting point,” said Paul Bridgewater, CEO of Sage Payment Solutions, the payments division for Sage North America. “Cardholders are continuing to receive their chip-enabled credit cards, while businesses are actively investing in their payment environments to support the required changes. That said, achieving EMV certification is a major step forward, and Sage will be certifying additional hardware in order to offer our SMB customers, business and integration partners a full suite of EMV-capable solutions.”

 

via Sage

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Filed Under: Sage 100 ERP, slider Tagged With: Chip and Pin, EMV, Sage Payment

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Wayne Schulz is a Sage 100 Consultant located in Connecticut. He has worked with Sage 100 since 1986 and provides advanced support to companies located throughout the United States. If you are experiencing an issue with Sage 100 and would like to schedule a support session - please request assistance here or call 860-657-8544.

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