Tag: EMV vs Magnetic Stripe

What is a Payment Gateway?
Featured Article What is a Payment Gateway?

Payment gateways are a crucial tool in both ecommerce and brick-and-mortar sales, but many merchants don’t necessarily understand what their gateways do or why they really need to have one at all. With that in mind, the following is a quick refresher on what gateways are, how they work, and why they’re so important.    […]

EMV Cards and Your Restaurant EMV Cards and Your Restaurant: What You Need to Know
Read MoreEMV Cards and Your Restaurant: What You Need to Know

A credit card is a credit card, and a payment terminal is a payment terminal, right? 😉 Many merchants and restauranteurs would agree with that statement, but they’d also be very wrong. As a result, a huge number of restaurants don’t have the hardware they need to process EMV cards – the current standard in […]

Fictitious bank credit card front with EMV and back with magnetic stripe EMV vs Magnetic Stripe Systems
Read MoreEMV vs Magnetic Stripe Systems

We all know that the chip, or EMV, POS is becoming the new standard for card-reading technology. But what is the difference between the original magnetic stripe and the new EMV? And which one is better?