Shopify Introduces Redesigned POS System

Leading payments platform and payment facilitator Shopify announced this week that it is launching its “reimagined” point-of-sale system and offering it free to merchants through the end of October.

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What are Omnichannel Payments?

Sellers of all kinds are feeling the pressure to keep up with rising consumer expectations, making omnichannel payments increasingly important across industries.

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Consolidation Continues with NCR Acquisition of PF JetPay

Industry consolidation continues as NCR has announced plans to acquire JetPay for $184 million. This deal is the latest in a string of transactions involving legacy players looking to build out their ability to deliver integrated payments solutions to merchants.

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PIN Is Not A Win. Merchants Don’t Get That

Don’t pin your hopes on PIN. That’s the advice of a report from the Aite Group, which claims that the cost of having to implement PIN for all card transactions, especially for merchants who don’t already have PIN pads, may just not be worth the expense considering the limited impact on fraud and merchant liability.

The report “Chip Cards in the United States: The PIN, PINless, Debit, Credit Conundrum” says because merchants misunderstand fraud and their own liability risks, a large majority (65 percent of those surveyed) are in favor of implementing chip and PIN in EMV card transactions. None of the issuers surveyed were in favor of it.

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