With the coming of chip card technology, most small businesses already face the challenge of transitioning their existing payment system.
Still concerned small businesses may find that transition is easier than it might at first appear.
And it also comes with many other advantages.
For a look at what’s involved and the benefits of converting your small business payment system, join Melinda Emerson @SmallBizLady and Anita Campbell @smallbiztrends for “Transitioning to Chip Technology” #SmallBizChat.
You can join in for the Twitter chat scheduled for Wednesday Sept. 23, 8 p.m. EST sponsored by Visa @Visa.
What Keeps Small Business Owners Up At Night?
Transition to chip card technology addresses a major pain point shared by many small businesses.
It’s something that keeps many small business owners up at night.
That concern has to do with maintaining consumer trust.
For small businesses that accept credit card payments, a big part of that trust has to do with protecting consumer payment information.
As small businesses are increasingly targeted by hackers, small business owners worry about their ability to protect both their customers’ data and their own.
To be sure, there are many ways small businesses can do a better job of protecting their data.
They include things like:
- Using a secure wireless connection
- Making sure your Internet protection software is up to date
- Using strong passwords and taking the time to change them regularly
- Vetting all third party security protocols for outsourced services and
- Making sure anything you download comes from a reliable source.
Clearly, one of the most important safegards, however, is to transition to chip card technology.
Transitioning to Chip Card Technology Isn’t Hard
But don’t worry. Transitioning to chip card technology is no where near as hard as you think.
First off, there are some great tools to bring you up to speed.
Visit the @VisaSmallBiz toolkit to get started. You’ll find it at www.visachip.com/businesstoolkit.
Once you’re comfortable with the basics of the process, you can contact your credit card acquirer/processor to get started.
What: “Transitioning to Chip Card Technology” sponsored by Visa (@Visa)
Where: On Twitter under the hashtag #SmallBizChat
When: Wednesday Sept. 23, 8 p.m. EDT
Editor’s Note: Anita Campbell has been compensated for participation in this chat.
EMV Photo via Shutterstock