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The benefits for your business

*The introduction of chip and PIN will bring you the following benefits:

  • Protection against card present fraud losses following the change in liability rules. 
  • The majority of cards in circulation now support chip and PIN technology.
  • Customers increasingly expect to pay with chip and PIN at the point of sale.
  • Customers are happy to use chip and PIN and are confident with the technology.
  • Increased operational efficiency.
  • A faster verification method, which could reduce queues at point of sale.
  • Peace of mind for your staff - they don't need to make the judgement call of checking the signature as technology verifies the PIN for them.
  • There are likely to be fewer incidents of cardholder queries and requests for information as the PIN helps to verify the customer is the right person using the card.
  • Cost savings, as a result of reductions in chargebacks, voucher processing and administration costs.
  • Opportunity for other value added chip card initiatives e.g. expand the use of unattended payment terminals.
  • Increased customer confidence in the card payment system.
 
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Chip and PIN. A new, more secure way to pay! See how easy it is to use. Click here to view a demo. This link will open in a new browser window
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