Avoid Chargebacks with iNET EMV-Compliant Point-Of-Sale Terminals
Credit card fraud caused an estimated $16.8 billion dollars in losses across the United States in 2017—and the dollar figures continue to rise.
In an effort to clamp down on credit card fraud, three credit card companies joined forces and developed a more secure credit card protocol, known as the EMV (for Europay®, MasterCard®, and Visa®). EMV credit cards use an embedded chip to make transactions more secure for consumers and businesses.
EMV Compliance Support in Milwaukee
Merchants in the U.S. were advised to become EMV-compliant by October 1 of 2015. Many Wisconsin businesses were unable to make the switch to EMV point-of-sale terminals due to the costs associated with the new hardware and software systems. Unfortunately, not being compliant now leaves your company financially liable for fraudulent transactions and chargebacks. Many small businesses are facing steep financial repercussions for not adapting their POS systems.
iNET-PC offers remote and on-site tech support to provide POS system maintenance and help Milwaukee area businesses bring their point-of-sale terminals up to the latest EMV standards. We will install new chip readers and convert your POS system before you face chargebacks from fraudulent credit card transactions. Don't risk huge financial losses when installing EMV POS is quick and simple with iNET-PC.