Electronic Transfer, a credit card processing company, has unveiled EMV Chip Credit Card Terminal or Pin Pad that is designed to support Apple Pay, Pin Debit and Android Softcard payments.
The new solution is offered to merchants who sign up by 4 May.
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According to the company, transactions using EMV chip cards enhances security against frauds compared to magnetic stripe card transactions.
The use of a PIN and cryptographic algorithms, which take comparatively less processing time, enable authentication of the card at the processing terminal and the card issuer’s host system.
The company provides credit card processing for all types of merchants at lowest available rates to all businesses equally based on credit card processing volume.
Electronic Transfer, specializes in Internet Merchant Accounts, Internet Credit Card Processing Terminals, and ACH/Check payment processing services.
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