Eye Lash

NOV-DEC 2017

Eye Lash covers the latest makeup, eyelash extension and eyebrow trends for makeup artists, lash and brow stylists, and other beauty industry professionals who provide eyelash extension, eyebrow shaping and makeup application services.

Issue link: http://eyelashmag.epubxp.com/i/898075

Contents of this Issue


Page 27 of 51

| NEW PRODUCTS | OLD STANDBYS | GREAT GADGETS | COUNTER intelligence e 26 eye | la | NOVEMBER/DECEMBER 2017 | eyelashmag.com GETTY IMAGES MORE CHIPS, PLEASE! If you've been putting off purchasing a chip card (EMV) reader for your credit card transactions, you're doing your business and your clients a disservice. Why? "If you're a retailer and you don't have a chip card reader, you take on the liability if credit card fraud takes place," says Bob Moraca, National Retail Federation (NRF) vice president of Loss Prevention. "Depending on the amount of fraud that takes place in your shop, it could be an issue"—especially during the holidays when retail theft ramps up. Implementing a chip card reader isn't as expensive or bulky as it once was; Square (squareup.com) offers a $49 compact version that also includes a contactless reader (think: Apple Pay, Android Pay, etc.) for seamless purchasing. Here, the reasons why servicing chip cards gives you and your clients peace of mind. They're hard to clone. Traditional magnetic-stripe cards make the card users' data static (unchanging), which allows for thieves to "skim" the card information once, clone it and use it. With chip cards, the data is transmitted dynamically, meaning it changes each time it's read, making it pretty useless for a fraudster to steal. They protect your clients' information from leaking. Unlike magnetic-stripe cards that broadcast clients' bank information into the payment terminal, the chip card's microchip encrypts this information so that it's diffi cult for thieves to crack. They're designed to prevent in-person fraud. Magnetic-stripe cards can't be authenticated in the moment, making it easy for a thief to successfully swindle you when they swipe a counterfeit card. Chip cards, however, were created to prevent fraudulent charges that occur when nefarious clients physically swipe a counterfeit card at your payment terminal. They instill client confidence. When your clients know their information is safe, they'll have a more positive perception of your business—and that's priceless.

Articles in this issue

Links on this page

Archives of this issue

view archives of Eye Lash - NOV-DEC 2017