How to Handle Tips and Gratuity with EMV Chip Technology
Many restaurants and hospitality service providers are wondering how to best manage tips and gratuities as the U.S. migrates to chip technology, and what options restaurant owners and other merchants in travel and entertainment can pursue. To help merchants we are providing access to a white paper that is intended to provide a high-level overview of tip processing in EMV chip environment. Please refer to payment network guidelines for specific implementation information.
As the U.S. migrates to chip, certain market segments that accept tips and gratuities via card payments must consider how to best serve their customer base without disrupting current acceptance practices. This is the cornerstone of U.S. chip migration—to ensure continued card acceptance with limited disruption to a merchant’s business…..
Please complete the form below and we will email you a link to download the complete White Paper on EMV Chips and it’s effect on Tips and Gratuity.