Steve Ciabattoni started his career in payment processing right out of college where he was recruited (by his current partner) to work for a very large payment processing company. In 2011, he and jumped ship and created 360 Payment Solutions. Now, 360 Payment Solutions serves nearly 3000 merchants and employs 28 people. They label themselves as a Payment Processing provider, meaning that they help companies accept all types of payments including: checks, gift cards, electronic payments online (paypal), as well as credit card processing
In this interview, Steve discusses the new chip card technology (known in the industry as EMV - Europay MasterCard Visa), Apple pay, pay with phone, and integration with business software.
Back on Oct 1, Visa, MasterCard, and American Express shifted their liability statement and said you are going to be responsible for any chargebacks that come through if you don’t have the ability to accept the chip cards. And you cannot fight it. This is a shift in re