What is an EMV chip?
Cards that contain these embedded microprocessors provide robust security features and other payment capabilities that are just unmatched by current magnetic stripe cards. They work by carrying a card holder's information and encrypting it with a randomized token that further ensures security. EMV cards can create these randomized token numbers without a battery. They get power from the terminal, even through contactless technology, using resonant inductive technology. This new contactless technology is much more secure than previous RFID based transactions because it insists on a "hand shake" between the card/smartphone and the reader that must be authorized by the holder.
What's the difference?
Currently, all of the cardholder's sensitive information is stored on a magnetic stripe found on the back of the card. This method of transferring credit card data is more susceptible to fraud and data breach. It uses a swipe and sign method to verify purchases. Newer EMV transactions are based on encrypted data tokens that are changed with each transaction. This would be a chip and pin or chip and signature method of verifying purchases. The cryptogram request is verified by both the merchant's issuer and the cardholder's payment brand. Therefore, fraud liability is decreased on both ends with an increase in privacy. Current EMV cards will come with the magnetic stripe for those merchants who have not already migrated to the new infrastructure.
Check out this informative video by ThioJoeTech on Youtube:
As an incentive to merchants, card issuers are shifting liability to the business instead of the issuer. That means, if a business is not capable of accepting EMV payments, they will be held liable for certain fraudulent charges. These changes took effect on October 1, 2015.
If you own a business, F1 IT can help you make this transition as smooth as possible. Right now, there are many promotions available including free EMV and contactless terminals, as well as free $100 gift card incentives. Even if you have the new technology, we can assist you in re-negotiating your merchant processing fees with some of the most competitive AMEX rates available. Call us today to see how we can help! (516) 468-F1iT ((516) 468-3148)
Since its release on July 29, 2015, Windows 10 has showed us some wonderfully impressive features. Everyone with a legitimate copy of Windows 7, 8, or 8.1 has most likely seen the icon on the lower right hand corner of their workspace begging you to upgrade your computers with the latest operating system, Windows 10. We have to admit, its a very attractive offer especially considering that its "free". But, is it right for everyone?
There are so many questions on this topic that it would be impossible to cover them all in this single post. But, I'll attempt to share my opinion on at least a few here.
Is my IT environment compatible with Windows 10?
That is really the main question you want to have answered before upgrading. Before jumping the gun, you want to make sure your current software (practice management, imaging, accounting etc.) and devices are compatible with the upgrade. Give us a call if you are unsure. We will take a close look at your software and confirm with the developers that it is not going to cause any problems moving forward. They may offer an upgrade of their own to guarantee compatibility. A quick check of your printer and other device drivers will determine if your office will continue its productivity uninhibited with the migration.
How long do I have to decide if I want to upgrade?
That's the great news. You have an entire year to decide, or wait for the appropriate upgrades to help you decide, whether you should or should not upgrade. That is, until July 29 2016, a year from its release date.
What happens if I don't like it, or find out it doesn't work for me?
Microsoft has made it very easy to revert back to your existing version of Windows with only a few clicks. As long as you haven't deleted any of the old system files in the folder, "Windows.old". This option is only available for a month after the upgrade. Please contact us before doing the upgrade or reverting back to your original operating system as we will need to make sure your data is properly backed up beforehand. After all, accidents do happen.
Windows 8 had a terrible reputation, what do I have to look forward to?
Microsoft seems to be following the lead of Intel, unintentionally, with its own version of the famed "tick-tock" pattern. A great operating system is followed by a really progressive operating systems with a lot of design flaws. That operating system is then followed by one that fixes those flaws in design. Consider Windows XP, a stable, usable and fast operating system that built on flaws presented by Windows ME/2000 before it. It was so good that, well after its support has ended, many businesses choose to stay with the operating system today. This is not a good idea because of HIPPA and general security concerns. But, we'll leave that for another topic. Windows XP was then followed by Vista (not great) and then Windows 7 (great, stable and currently the most widely supported). When Windows 8 came along, everyone was hoping for something great. But, with its clunky interface and long list of bugs, most people were a bit hesitant. It seemed to favor touch over a traditional keyboard and mouse interface. When We currently install all of our computers with Windows 7 64-bit by default. Given some time with Windows 10, this may change in the near future.