Bravertek Business Services is offering a new selection of FREE Point of Sale equipment beginning in October 2014. Now, Bravertek merchants will be able to accept contactless payments through the same NFC technology used by Apple Pay, Google Wallet and Softcard™. Additionally, the new terminals are EMV capable delivering the latest in Chip and PIN fraud prevention technology.
What is NFC?
NFC is a technology that allows for two-way communication between devices that are within a few inches of each other. The technology can be used to conduct transactions such as credit or debit payments.
What is a contactless payment?
What is EMV? (Europay, Mastercard and Visa)
How fraud liability changing!
Visa intends to institute a liability shift in the U.S. for domestic and cross-border counterfeit transactions effective October 1, 2015. The merchant will be held responsible for any fraudulent transactions that were accepted in a non-chip environment (i.e., a chip card read by a chip terminal).
Utilizing In-App Payments for your business
In-App payments will allow consumers to interact with your retail store of restaurant on many different levels with much more freedom. Some features of In-App payments are the ability to pay at the table, checkout and place orders ahead of time all within the App.