LOS ANGELES, Oct. 16, 2013 (GLOBE NEWSWIRE) -- Signature Card Services (www.signaturecard.com), the industry-leading payment processing services provider, has launched a new online store that features low-cost EMV-capable terminals for retail merchants. The store will offer merchants the ability to purchase discounted terminals in order to support their transition over to processing chip-based credit cards. With the deadline for EMV implementation approaching, providing merchants affordable equipment and training has become an important initiative for Signature Card Services as they prepare merchants for this change.
While a variety of EMV terminals will be available at highly discounted rates, Signature Card Services is also offering the terminals for free with the activation of a new merchant account. In addition, they are also providing valuable education on how to use and derive optimum benefit from the terminals through a series of on-site video tutorials.
One of the primary reasons the industry has embraced EMV technology is its ability to prevent the growth of fraudulent activity. EMV improves security while lowering PCI compliance costs due to the chip-based "smart cards" that store encrypted data that prevents credit card cloning.
"We are excited about the launch of our online store, it is just one of the many ways we are working to make sure our U.S. merchants can reap the rewards of early implementation and to provide the necessary support that will make the move towards EMV as straightforward as possible," said Christine Bednar, co-founder and CFO of Signature Card Services.
About Signature Card Services
In business since 1997, Signature Card Services is an industry-leading provider of payment services and a registered ISO and MSP of HSBC, Merrick Bank and Westamerica Bank. The firm's unmatched network of banking partners allows it to accommodate most businesses in retail, internet, mobile and mail/telephone order environments. Signature Card Services is a member of the Better Business Bureau (BBB), the Electronic Transactions Association (ETA), and the Merchant Acquirers' Committee (MAC).
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Source: Signature Card Services