Roswell, GA -- (SBWire) -- 01/25/2017 --Per Visa Inc., credit card transactions surpassed 800 million in November (which is more than four times as much as 2015, which was at 175 million).

Payment volumes in 2015 compared to the previous year in Visa's EMV cards went up as high as 43.8 billion dollars, which is a 262% increase to 2014's 12.1 billion number.

Most Visa's credit and debit cards now have chips in them; 105% more than last year, which is a positive news since it reduces chances for fraud. In addition to this, 1.75 million merchants in the US accept chip based cards in their stores and the number just keeps rising but there might be errors in counting how many merchants accept these kinds of credit and debit cards, as stated by MasterCard Inc.

Visa has stated that after the change in cards types, there has been an enormous reduction in counterfeit, up to 45% than the years prior.

Although not mandated, Netcom PaySystem can provide state of the art EMV ready equipment. Anybody who would like to learn more about Netcom PaySystem is welcome to visit the company's website; there, they can read about their wide variety of outstanding merchant services that they provide.

To learn more about Netcom PaySystem payment processing solutions, simply fill out a quick online application at http://www.netcompaysystem.com 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.

Media Contact
Company Name: Netcom PaySystem
Contact Person: Media Relations
Email: sales@netcompaysystem.net
Phone: 800-875-6680
Country: United States
Website: https://www.netcompaysystem.com