Mobius Payments wants to remind all brick and mortar merchants that EMV-compliance (Europay, MasterCard, and Visa) is the new standard in the United States. As of October 1, 2015 the major credit card companies, MasterCard, Visa, Discover and American Express began shifting liability for credit card fraud from the card issuer to merchants that are not EMV-compliant. Now that the deadline has passed, what happens next?

The liability shift is just that – the accountability for fraudulent or counterfeit transactions has passed to the merchant. If the merchant’s credit card terminal is not compliant with the EMV standards, meaning it cannot accept a credit or debit card containing a chip, the liability for fraudulent transactions has been transferred to the merchant who continues operating non-compliant hardware after the deadline.

For example, if a merchant is operating a compliant terminal and experiences a fraudulent EMV transaction using the chip and signature method, the issuing bank will be liable, however, if the merchant’s terminal is only capable of reading the magnetic stripe and the card that is used in the fraudulent activity has a chip, the merchant will be liable for that transaction even though they are a victim of fraud. (more…)

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Mobius Payments wants to remind you that they provide the means for your business to accept payments via Apple Pay for both brick and mortar businesses as well as those accepting e-commerce transactions. Brick and mortar merchants will be provided special stand alone credit card terminals while e-commerce transactions will be processed via the Mobius Payments Gateway application programming interface (API).

Apple, Inc. released Apple Pay as an alternative to using credit cards; it is a mobile payment and digital wallet service that lets users pay for purchases using a mobile app installed on their iPhone, iPad or Apple Watch compliant devices.

Numerous national chains of grocery stores, restaurants, department stores, gasoline service stations and hotels currently have the special credit card terminals installed with thousands more added on a regular basis. Apple Pay is also accepted as a payment method for many popular apps such as Uber, Airbnb, Starbucks, Groupon, Ticketmaster and many more. (more…)

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It is rare that any business today will rely solely on the brick-and-mortar business model; if you have been contemplating this move yourself, you will want to be prepared to accept online sales in a manner that is secure for both your customer and you. Mobius Payments, your provider of merchant processing solutions for your brick-and-mortar business, has more than 10 years of providing online merchant solutions and wants you to know that they are prepared to assist your business transition to successfully and securely completing online transactions with a full suite of shopping cart products.

Mobius Payments 10 years of providing ecommerce solutions translates to an understanding of your needs; providing a pleasant, easy and secure buying experience for your customers, and an accurate settlement from the transaction while minimizing fraud and chargebacks for you.

As Mobius Payments CEO Mia Zhu explained; “To successfully accept credit card transactions you need to have at least one gateway provider in addition to a merchant account. As such, Mobius Payments provides a large selection of options in our suite of shopping cart products. With more than 100 shopping cart plugins available including Magento, Illusion, osCommerce and WHMCS, Mobius Payments is prepared to provide you with the security you need and want.” (more…)

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