So Are Merchants and Retailers on the Ball About the New Credit Card Chip Technology?

The short answer is NO. But #ITPN  isn't sweating, and neither should you. After all, this transition from magnetic strip to computer chip will be relatively seamless except for the headaches many businesses will have to face as they struggle with the question: invest in the new technology, or face the prospect of dealing with credit card fraud? Tough question….

As it stands, only about a quarter of all merchants in the U.S. utilize those new chip-card readers. That data comes from MasterCard, of course. But it's been mentioned that it could take as late as the end of 2017 before we start seeing all stores, businesses, gas stations and maybe even ATMs utilizing the new technology successfully.

Long time to wait…. But at least you have nothing to worry about until then!

The post So Are Merchants and Retailers on the Ball About the New Credit Card Chip Technology? The short a… appeared first on INTERNET LEGAL PLANS.

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Businesses have to be keen on this new development in the financial stratosphere when you’re thinking about it, for plenty of reasons. Aside from the fact that the transition to credit card chip technology will incorporate a nationwide spread of new card-reading machines (more investment for businesses, unfortunately), there’s one other subject companies everywhere would love to learn more about: identity theft.

Will This New Credit Card Chip Technology Protect More?

Good question. This doesn’t just revolve around the consumer, but the business. Ever lend your business credit card to the intern? Not a smart move…. You can imagine just how important it is to ensure that credit card fraud never steps foot into your business, and the concept of someone stealing somebody’s information — either customer, client, or business — is earth-shattering at best.

However, the computer chip raises a beautiful question. Hackers don’t care. A chip can be hacked into. But everyone’s saying that this new credit card chip technology’s going to change the landscape as far as credit card fraud and ID theft is concerned (it’s already happening a ton overseas where EMV’s been changing the way people spend money).

Here’s why credit card chip technology will make things better — the main problem with the magnetic strip credit card is the fact that the strip holds all the data and it never changes. That means if anyone ever gets a hold of your one little strip (they don’t even need to steal the card) and copies it (that’s really all they need to do), you can go about your life still having your card (no one stole it!) while some ID thief runs around with a copycat card, spending all your money.

That magnetic strip is a prime target for ID theft.

What the computer chip-enabled card does, however, is allow the user to swipe it, have the machine read it; and the chip itself develops a unique ‘transaction code’ that can never be used again. It, therefore, means, you can buy 15 separate candy bars, the card will read it 15 separate times, and each time will be virtually unique from every other time.

Not one thief would be able to steal your information. Each transaction is encoded through the chip and never gets stored anywhere. It’s processed and then dies a lovely death in cyberspace, basically. Therefore, your information can’t ever be pulled from the card.

Of Course, These ID Thieves Are Resourceful!

The hope is the new credit card chip technology will change the way credit card fraud happens. As in never. But the problem with ID theft is there’s always a way. It’s like that bad penny always turning up. The good news is that this new development will certainly make it easier for Ultimate Identity Protection and other partners to do what they do best. Protect your identity.

Visit our Google+ page. Sign up today! And be on the lookout for your new computer chip-enabled credit card.

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The post How the New Credit Card Chip Technology Will Support ID Theft appeared first on Ultimate Identity Protection Services.

The post How the New Credit Card Chip Technology Will Support ID Theft appeared first on Independent Credit Solutions.

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As seen here, the expectation is people may be wary about the whole credit card switch thing from magnetized strip to tiny computer chip (especially with credit card fraud always being a problem) despite these three reasons why we shouldn’t be scared. We’re protective over our plastic! However, fear not: this isn’t a change that’s going to happen overnight, even though the two major credit card companies, Visa and MasterCard, recently announced back in October that all consumers will be receiving new cards with credit card chip technology enhancements.

The Big Issue Is Functionality, Really: Not That Credit Card Chip Technology’s Unreliable!

In fact, many foreign countries utilize the EMV standard over the magnetic strip with astounding protective results. ID theft and credit card fraud become extinct dinosaurs in this ever-evolving landscape of finance and technology, but would you like to know specifically why this transition from magnetic strip to credit card chip technology is going to take a long time? Click here.

Additionally, it’s not like we and credit card companies will be the only ones facing the change. Retailers will face it, too. Think about all those grocery lines needing new installments of those specialized credit card readers. You’ve imagined the clerk hopelessly throwing away that manual card swiper all those generations ago. We’re at it again, people. Those automatic card swiping machines will also go extinct.

But the change will have to be gradual once you see the gravity of how much businesses all over the nation will have to transition and accommodate the new credit card chip technology. Want to know how many merchants out there are ready for the change (and when everyone will be completely operational)? Find out right here.

Needless to Say, It’s a Tricky Situation

But the good news is you don’t have to stress right now. In fact, you might not even notice the transition as its happening. We don’t want the consumer base to be stressed! No one does. We’re not in charge of it, of course, but the fact remains — if financial establishments are starting to make it difficult for our customers wanting to simply file their taxes, or plan their budgets, we’re not happy.

So it’s our duty to inform you ahead of time. It’s our pleasure. Sign up today and let’s get to work on your finances right now before more dinosaurs go extinct.

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Look, we at #CBB  get it. You want success. For you, so do we. But don't be in a rush. Play it smart. Focus on the day. Not necessarily the goal. Do your daily job well, and the goal will be reached all on its own.

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Before you ever even think of starting a #business, take it from #CBB: you need to know exactly what TYPE of business to start. Read up on this and figure out which business structure might be right for you.

And, yes, Cloud Based Bookkeeping EVEN helps with that aspect of business development.

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Nothing ‘Micro’ About #Crowdfunding #MicroVentures

Just how big is the #business  #startup crowdfunding for this 'little' platform? Pretty big. MicroVentures back in 2009 became one of those business crowdfunding companies famous for launching capital funds from both accredited and nonaccredited investors for one OTHER little startup of a business beast — you guessed it, FACEBOOK.

It certainly helps that MicroVentures happens to focus on businesses in the software, mobile, media, entertainment, social, gaming and green-tech industries, so Facebook definitely had fit right in. And the budget to raise can be anywhere between the $150K to $1MM range. Not too bad.

What does this tell you? If you're thinking about starting up a new business and need some venture capital to get it off the ground running, MicroVentures might be a great possibility for you!

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Get the #Crowdfunding Backing You Need With #Peerbackers

#Business   #startups  see stars today with finances. Why? All because of platforms like Peerbackers with the primary focus being the entrepreneurial landscape and innovation for business. But it's not just funding they provide:

Peerbackers even provides consultation services, marketing and media production to help promote your business to investors looking to fork over their money for a successful venture. Think about it — a lot of gurus out there are looking for businesses that will skyrocket — a 'small' investment would be enough to make a ton of money for them, and a living for you!

The post Get the #Crowdfunding Backing You Need With #Peerbackers #Business   #startups  see stars today … appeared first on Cloud Based Bookkeeping.

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Welcome to Your Internet Legal Plan #ILP

This is where you don't have to shop around for a #lawyer and consult with multiple #attorneys almost on a daily basis for a happening in your life, like a lawsuit, or even something as small as a traffic ticket. Instead…. You get representation AUTOMATICALLY, with access to an attorney in your area who will advocate for you, whatever your case may be.

And you won't have to charge hefty retainers either. You get this access, plus many other benefits, for a low monthly cost. Want to know just how much? Fill out your information via the link to find out!

The post Welcome to Your Internet Legal Plan #ILP This is where you don’t have to shop around for a #lawye… appeared first on INTERNET LEGAL PLANS.

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#RocketHub Shoots for #Corporate Cyberspace

A #business  might not even see any value in this platform for #crowdfunding  in capital solely based on the fact that RocketHub isn't primarily focused on #startups. But that's okay.

How do startups start? Through entrepreneurship. And that's a big portion of the demographic associated with RocketHub.

You've got artists, scientists, designers, contractors, you name it — they've all propelled their sole proprietorships with the use of RocketHub to fund their businesses and allow them the ability to cloud-based their bookkeeping through us!

And here's an even better benefit to going through RocketHub…. You, as a business, get to keep any additional funds raised! Say amen to crowdfunding.

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#PopeFrancis: a Message of Love and…. INTOLERANCE?

Specifically, the issue of same-sex marriages — something that currently stirs plenty of emotions in the United States — is a bit of a massive roller coaster ride for one Pope Francis, not that many popes of the past would disagree with his stance as well.

Obviously, according to the Christian religion, homosexuality is a sin. However, acceptance and love of those who are homosexual are NOT. You begin to wonder, though, where exactly the line falls for the likes of Pope Francis, having expressed the same love and acceptance for all homosexuals, because here's the thing about him:

He does oppose same-sex marriages. Seriously, in fact. He opposes it so much that he immediately opposed the bill introduced back in 2010 for the country of Argentina. He was actually VERBAL about it.

This could address even more issues here in the U.S. regarding his stance, because as we know: change is apparent here when it involves same-sex marriage. You then start to wonder just what Pope Francis would even think about the United States knowing that so many of our states approve such an institution….

The post #PopeFrancis: a Message of Love and…. INTOLERANCE? Specifically, the issue of same-sex marriage… appeared first on Cloud Based Bookkeeping.

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