Inventory loss through shoplifting or internal theft, unsuccessful in-store promotions, even long lines at the register – all of these are pain points for retailers and can seriously impact the bottom line.
According to a CardHub survey of 55 major retailers and 1,000 individuals, 42% of retailers have not updated the terminals in any of their stores and 56% of people don’t care if a retailer’s payment terminal is chip-enabled.
An independent survey of online shopping trends found that 90 percent of participants think that passwords provide little or no security, yet they are still the main way people access their accounts.
