Frequently Asked Questions
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What is an acquirer?
The bank or card processor which processes a retailer's payment card transactions is known as an acquirer or merchant acquirer. In order to process card payments a business is required to enter into a contractual agreement with a relevant acquirer which in turn charges a fee/commission for the service it provides to that business.
Where can I get advice on how to reduce the risk of card fraud?
For more information on card fraud prevention and to find a comprehensive list of frequently asked questions, training materials and lots of useful fraud prevention advice, please visit www.SafeCard.ie.
Can cards that are not Chip and PIN enabled be accepted?
Yes. Non Chip and PIN cards will continue to be issued in many countries for some time. Tourists and visitors to Ireland will continue to shop here using the old-style magnetic stripe and signature cards and terminals will remain capable of accepting both types of cards. Staff should dip or swipe payment cards and wait for the terminal to prompt them on the requirement for a PIN or signature. If a signature is required, staff will need to check the signature on the receipt against that on the card.
For further information on payment cards please click on the menu to the left.
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