Dallas, TX (PRWEB) December 25, 2013
Encore Payment Systems has recently announced that it has revamped its entire lineup of payment terminals to better suit new secure technologies. This includes all Clear Advantage payment systems. Specifically, these terminals have been redeveloped to better suit the demands of MasterCard's new EMV technology. This technology is a fairly recent development that has the potential to revolutionize the security of popular card payment options throughout the world. The security features of this new technology required a complete revitalization in how Encore Payment Systems approached terminal technology. This resulted in Encore Payment Systems moving beyond magnetic strip technology to meet the future head-on.
EMV technology has been in use throughout the United Kingdom since 2006 with great success. The technology itself was approximately ten years in the making before this full roll-out to the consumer public. This long period of development was essential in the development of EMV technology since it gave developers a long time to suss out problems within the system. Since its adoption in 2006, EMV technology has been an essential part of how consumers throughout the United Kingdom protect themselves during card-based transactions. This technology is now coming to other parts of the world and Encore Payment Systems is working to be on the forefront of this technology.
For consumers, EMV technology doesn't really change how things are happened on a transactional level. Purchases using cards equipped with EMV technology are completed in the same way as magnetic strip-based transactions. The difference is in the way the consumer's information is processed and verified. Specialized chip technology provides an extra level of verification to be sure that the card is being used by a verified card holder. This extra level of protection can go a long way toward protecting consumers from having their accounts accessed by unauthorized users.
Encore Payment Systems is getting out in front of this new technology in the same way it stays abreast of all major technological developments in payment processing. As an industry leader in payment terminal systems, Encore Payment Systems anticipates that this new technology is an important thing to embrace going forward into the future. While the government is requiring all merchant processors to shift toward EMV technology by 2016, Encore Payment Systems is rolling things out in 2014. Merchants adopting this technology early are likely to get better pricing than if they wait until the 2016 mandate comes to full effect.
About Encore Payment Systems
Encore Payment Systems was established for the purpose of providing electronic payment processing solutions and other value-added services to small and medium-sized merchants throughout the United States. Encore is a leader in the electronic payment processing field providing credit card, debit card, ATM card, gift card, prepaid card, EBT and check processing services. Encore maintains a sincere dedication to superior customer service and an honest and ethical approach to acquiring new customers. This vision has enabled Encore to become one of the fastest growing companies in the industry excelling in all aspects of merchant services. Encore Payment Systems is located at 3801 Arapaho Road, Addison, Texas 75001. For more information, visit http://www.encoreps.com , http://www.twitter.com/EncorePS or http://www.facebook.com/EncorePS