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ReadersSpeak





        Smarter smartcards?                                                        new, non-standard cards is giving
                                                                                   payment cards the boost they need
        Has anything new and interesting been happening in the smartcard realm, or   to continue to thrive. "Undoubted-
        have people given up on them and shifted all the cool functions to smartphones?  ly, digital services will continue to
                                                                Nancy Jonselle     gather momentum – but we aren't
                                                     Merchant level salesperson    saying goodbye to the trusted pay-
        Nancy,                                                                     ment card just yet," she wrote. "In
                                                                                   fact, many are even citing the rise of
        Thank you for your note. It arrived just after we received a link to "Smart-  contactless payment  cards as actu-
        cards (finally) get smarter: innovation in payments," by Stéphanie El Rhomri,   ally slowing the adoption of mobile
        vice president testing services at FIME. El Rhomri stated that the launch of   payments."

                                                                                   El Rhomri also noted that fear of
                                                                                   fraud has been a major concern lim-
                               It’s a War out there!                               iting consumer adoption of contact-

                      Time to Band together with the Band of ISO’s                 less cards, but biometric technology
                                                                                   might solve this problem. "Already
                                                                                   commonplace in smartphones, the
                                                                                   addition of fingerprint sensors to
                                                                                   payment cards is bringing security
                                                                                   to contactless, without compromis-
                                                                                   ing the much-loved user experience,"
                                                                                   she wrote.

                                                                                   Also, innovation goes beyond bio-
                                                                                   metrics. "It's not just fingerprint
                                                                                   sensors we're seeing embedded
                                                                                   into cards either," she stated. "LED
                                                                                   display  screens  are also  growing
                                                                                   in popularity, with a  range of new
                                                                                   functions  in  trial:  from  one-time
                The Merchant Store Presents the ISO Co-op                          passcodes (OTP) for added security,
                                                                                   to account balances to help manage
                                                                                   spending."
                              Best Buy Rates in the business!
                Customer Service that is actually a service to the customers!      And El Rhomri pointed out that
                                                                                   banks are issuing more stylish cards.
                                  True Revenue sharing                             She cited Monzo's hot coral card and
                                                                                   the "choose-your-own" color Klarna
                            Join today for a better Tomorrow!                      cards as examples. "Consumers want
                                                                                   choice, flexibility and security, and
                 The Merchant Store Promise:                                       the new-age of card is shaping up to
                 • 60 - 80% commission                                             be the perfect partner to mobile and
                 • Transaction fees: 4 cents!                                      online services," she concluded.
                 • $5.00 service fee
                 • Up-front bonus ( does not effect split )                        For the full article and research data,
                 • True revenue sharing!                                           please visit www.fime.com.
                 • Wholesale equipment pricing!                                                               Editor
                 • Free Terminal and POS placement options!
                 • And, one-on-one support, when and how you need it!              The future of payment types?
             Real partner solutions for Career minded agents!                      How do you see payment options
                                                                                   evolving over the next several years?
                                                                                   Will newer form factors supplant
                                           To setup your custom agent program,     physical payment cards, smart and
                TheMerchantStore                   Contact us at: 844.898.2884     otherwise, in significant numbers?
                                       or Visit our website: MerchantCoOp.com      Will physical wallets be relegated to
                Minding your business
                                                                                   museums?  Share  your  perspectives
          LIFETIME RESIDUALS  ::  UP-FRONT CASH  ::   WHOLESALE EQUIPMENT          on this and other issues in payments
                                                                                   at greensheet@greensheet.com.
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