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opportunities in other sectors promising higher growth, of an EMV authorization when a card is subsequently
it's likely a short-term trend. "It would not surprise me to compromised is financially liable for any resulting
see equity players that have left come back to this business counterfeit fraud losses.
because this is a business that has been very good to them
for the past 20 years," he added. Advances in technologies represent another variable.
There are plenty of expectations around technology
Taking account of unknowns changes that are occurring at the POS. Are tablets the
Nothing is a given, however. "In today's environment future? What will become of traditional terminal devices?
there are some big unknowns," Abbey said. Several of What role will "the cloud" play in merchant acquiring?
these could have implications for buyers and sellers of What technologies will prevail in the mobile arena?
merchant portfolios.
Indeed, Abbey emphasized that the sophistication of
Europay/MasterCard/Visa (EMV), the new card security technology and ease of integration are things that can
standard being implemented now in the United States make or break any merger or acquisition. "The value of
– following near worldwide adoption – is one variable. technology is a big variable; these investors are not just
"We've seen in other markets where [portfolio] values looking at cash flow," he said.
have been affected by the status of EMV implementation,"
Abbey said. Perhaps the biggest unknown is what's coming next.
"We're seeing big changes in distribution models, and
Acquirers and processors are now supposed to be able we've seen them deliver strong growth," Abbey said. New
to support merchant acceptance of EMV cards, under a players like Mercury, for example, have employed more
timetable set by the card brands. The only exception is aggressive strategies than some older players. However,
card acceptance automated fuel dispensers, which must no one can predict the future.
be EMV compliant by 2017. Issuers have been slow to make
EMV cards broadly available. Patti Murphy is Senior Editor of The Green Sheet and President of
ProScribes Inc. She is also the founder of InsideMicrofinance.com. Email
But that should begin to change: under EMV rules her at patti@greensheet.com.
beginning October 2015 the party responsible for lack
opportunities in other sectors promising higher growth, of an EMV authorization when a card is subsequently
it's likely a short-term trend. "It would not surprise me to compromised is financially liable for any resulting
see equity players that have left come back to this business counterfeit fraud losses.
because this is a business that has been very good to them
for the past 20 years," he added. Advances in technologies represent another variable.
There are plenty of expectations around technology
Taking account of unknowns changes that are occurring at the POS. Are tablets the
Nothing is a given, however. "In today's environment future? What will become of traditional terminal devices?
there are some big unknowns," Abbey said. Several of What role will "the cloud" play in merchant acquiring?
these could have implications for buyers and sellers of What technologies will prevail in the mobile arena?
merchant portfolios.
Indeed, Abbey emphasized that the sophistication of
Europay/MasterCard/Visa (EMV), the new card security technology and ease of integration are things that can
standard being implemented now in the United States make or break any merger or acquisition. "The value of
– following near worldwide adoption – is one variable. technology is a big variable; these investors are not just
"We've seen in other markets where [portfolio] values looking at cash flow," he said.
have been affected by the status of EMV implementation,"
Abbey said. Perhaps the biggest unknown is what's coming next.
"We're seeing big changes in distribution models, and
Acquirers and processors are now supposed to be able we've seen them deliver strong growth," Abbey said. New
to support merchant acceptance of EMV cards, under a players like Mercury, for example, have employed more
timetable set by the card brands. The only exception is aggressive strategies than some older players. However,
card acceptance automated fuel dispensers, which must no one can predict the future.
be EMV compliant by 2017. Issuers have been slow to make
EMV cards broadly available. Patti Murphy is Senior Editor of The Green Sheet and President of
ProScribes Inc. She is also the founder of InsideMicrofinance.com. Email
But that should begin to change: under EMV rules her at patti@greensheet.com.
beginning October 2015 the party responsible for lack
