Last week, RMS announced release of a single hardware solution for EMV card acceptance and signature capture with Vantiv Payments. We have been overwhelmed at the positive response we’ve received after publishing this information and are excited to start transitioning customers to this new solution.Read More
October 1st is almost upon us and with it comes the official liability shift date for EMV. Because there continues to be a large amount of misinformation circulating about EMV I want to take a moment to revisit what October 1st means for merchants.Read More
EMV continues to be a dominant concern for many RMS customers. As we work towards release of our EMV solution there’s not much new to share, so in this months update I’ll be taking a more in depth look at some of our most frequently asked questions. If you haven’t had an opportunity to review our previous updates, take a moment to read through our March Update article for a high level overview of EMV, Point-to-Point Encryption and other processing changes to expect later this year. I also recommend reading through all of the information available at www.rm-solutions.com/emv so you’ll be familiar with all of the terms discussed in this update.Read More
Last month, we provided the first of many updates about what to expect this year as the credit card industry undergoes some pretty big changes. Credit card fraud and data breaches continue to be major concerns for retailers big and small, so it’s important to understand the changes you will be seeing in 2015 that will help to protect your pharmacy and your customers.
If you read last month’s update, you may notice that not much has changed since that very first letter. This month, in addition to emailing and posting this letter online, a copy will also be mailed to all RMS customers. We encourage everyone to take a moment to read through this letter for all of the latest information on EMV, Point-to-Point Encryption and more.Read More
I expect that by the end of this year, we may all get a little tired of being bombarded by information about the extreme changes that are being, and will continue to be, seen by the payment industry in 2015. For pharmacies that face more regulatory and compliance changes in a year than most retail businesses see in a lifetime, it’s frustrating, overwhelming and just plain exhausting. You’re most likely seeing all sorts of conflicting information about EMV, hearing all the hype about Apple Pay, and trying to figure out where Point-to-Point Encryption fits into this mess.
While RMS customers will receive monthly updates on the status of EMV and other processing changes, it’s also important to understand why you might be receiving some different information from other sources. This week, I wanted to take a moment to address some of the misleading, confusing, and just plain false information that has been circulating on this topic of late.Read More
It's hard to go a week or two these days without hearing news of another major data breach. These breaches cost businesses and consumers billions of dollars every year. The financial cost to businesses that were breached increased 9% in 2014 to $145 per stolen record. And this doesn't include the damage to reputation and the resulting loss of business. A data breach is something you simply can't afford. With this in mind, I'm going to explain changes you will be seeing in 2015 with regard to credit card processing that will help protect your business and your customers.Read More