The perfect payment terminal for
A future-proof payment terminal for your business.
EMV Chip Cards
The VX 805 terminal supports EMV chip cards for enhanced security. Chip cards include an embedded microprocessor that provides powerful security features not possible with traditional magnetic stripe cards. Merchants who don’t accept EMV payments may incur increased liability for data breaches and chargebacks. With Harbortouch, you can future-proof your business and keep your business secure!
The VX 805 Terminal supports near field communication (NFC) technology so that your customers can simply wave their smartphone to pay with Apple PayTM, Android PayTM or other mobile wallets. The number of NFC enabled phones is growing at an astounding rate and an increasing number of consumers are using their phones to pay. With cutting-edge mobile payment solutions, Harbortouch makes sure you aren’t turning away customers because you don’t accept their preferred form of payment.
What EMV Credit Card Migration Means for Your Business.
The shift to EMV terminals means good things for your business. EMV card usage decreases card theft and fraud, so your customers will feel more secure shopping from you. In 2017, Visa alone saw a 105 percent year-over-year increase in the amount of chip cards issued in the United States, at 400 million, while merchant adoption grew to 1.75 million Visa merchants who accept chip cards. As a merchant who accepts EMV chip credit cards, you stand out among other merchants who are slow to adopt, and you deliver the peace of mind customers crave.
It’s likely that sometime in the near future, EMV card adoption will not only be widespread, but will be required. Around the world, in countries like Malaysia and Australia, requirements for EMV terminals are becoming the norm. This ultimately helps to protect retailers, since in the United States, merchants are now liable for counterfeit credit card fraud if a customer has an EMV chip card, but the merchant uses a swipe-and-signature processor. Migration to EMV chip card readers and other technology makes the most sense for your company.