Netcom PaySystem

Discover Is Planning to Start Accepting PIN Authentication for EMV Cards in the Near Future


Roswell, GA -- (SBWIRE) -- 05/27/2016 -- The fact that customers have a choice to decide whether they use a PIN authentication or not hasn't stopped them from opting for the signature option. While this is not the case for every single person, most people have in fact decided not to implement a PIN authentication with their credit cards. However, David Nelms, the CEO of Discover Financial Services states the PIN path is the most logical to follow when the EMV cards start to popularize around the U.S and the world.

Almost six months have passed since EMV cards were introduced to the American market and, since then, people have decided to go for the chip-signature combination. However, continuing with this safety method would not be a smart move for merchants or customers, as making use of a PIN authentication is a safer method to complete transactions with EMV cards. Furthermore, the PIN method is one that is used all over the world, which is why it is surprising that the U.S hasn't decided to fully implement it as a viable option for their cardholders.

David Nelms says that, although EMV cards are pretty safe as they currently are, adding a Pin authentication would make them even safer both for merchants and customers. For that reason, opting solely for the signature method would mean losing a great security opportunity that is well-used in other parts of the world.

Currently, Discover cards use two methods for validating payment. Debit cards use Pin authentications while credit cards use signatures. While this measure has been effective for quite some time, David has stated that having two different approaches can be confusing for the majority of the population, especially for those who have both a credit and a debit card. For that reason, the most logical choice would be to incorporate the PIN authentication to both credit and debit cards.

Some people say companies like Discover are going through a lot of completely unnecessary struggle, as mobile payments and transactions will soon replace all kinds of payment methods. However, this statement is far from being true, for newer payment methods do not tend to replace older ones, they just coexist together and are improved at the same time.

All in all, we can safely say implementing the PIN authentication into credit and debit cards would be a smart move from Discover. Of course, there will be some people who will not like this idea. However, in general, it will provide with an even safer way of completing transactions.

Although not mandated, Netcom PaySystem can provide state of the art EMV ready equipment at your discretion. If you're ready, so are we!

About Netcom PaySystem
To learn more about Netcom PaySystem payment processing solutions, simply fill out this quick online application to get started and a representative will be in contact within 24-48 hours or for faster service please feel free to contact us at 800-875-6680.

Netcom PaySystem prides itself on being eager to practice good, old-fashioned customer care as it is to pioneer new products. Netcom PaySystem is proud to provide the most up to date and innovative products such as m-Commerce Mobile Solutions, and Virtual Terminal solutions. In addition, the company offers the merchant access to POS Systems, ACH Check Services, Check Guarantee, Recurring Billing, Check21, BOC, Credit and Debit Card Processing, Gift and Loyalty Cards, and Merchant Working Capital. Netcom PaySystem's attrition rate is one of the lowest, if not the lowest in the industry. Netcom PaySystem can proudly boast that that only two to four percent of its clients ever leave the company, and out of that; close to 50 percent return within the first year. For more information, please visit

Media Contact

Company Name: Netcom PaySystem
Contact Person: Media Relations
Phone: 800-875-6680
Country: United States