The EMV payment processing standard is now less than a year away. The implications on your business are dramatic. Contact IMS to assist in your transition to this global standard. The Infographic below (courtesy of Cayan-Merchant Warehouse) highlights liability shifts and your responsibilities…
Following up on our comprehensive EMV blog post from 2013 EMV. Chip and Pin. What You Need To Know, IMS believes the October 2015 transition to EMV cards in the US is a FIRM date. Here are links to some of the latest key news and research: Star Strikes Deal with MasterCard in the Latest…
There has been much communication and confusion recently about Retail Pro and PCI Compliance. IMS customers have been receiving information from Retail Pro, Merchant Warehouse (MW – Retail Pro’s EFT exclusive provider) and Shift 4®. IMS has prepared a Point of View (POV) to help our customers understand what is happening and to help…
IMS has noticed increasing confusion among its customers and prospective customers regarding the revenue recognition of prepaid value, gift cards, gift certificates and other types of stored value breakage. Because of this confusion, IMS has developed a Point-of-View Brief to highlight key factors for breakage revenue recognition consideration. Click here to read the…
Coming out of a discussion recently with one of our Museum prospects, a point was raised about the difference between Members and out-of-town patrons. The discussion was centered on engagement and what could be done to drive incremental revenue. The conversation shifted to “knowing your customer”. Our prospect replied, ” that won’t matter as that…
While Pop-Up retail stores are not new, what is new is the strategic approach to driving multiple benefits through Pop-Up retail. Pop-Ups originated as a way to take advantage of 2 main business drivers; seasonal selling and open/cheap real-estate. Quite often found in existing mall space, Pop-Ups provided multiple benefits to multiple audiences. For the…