Businesses should be EMV compliant to avoid being held responsible for credit card fraud. EMV compliance requires businesses to use EMV card readers to process credit card transactions.
If you have received a new credit card recently, it probably contains an EMV chip. You may not have noticed it because most US retailers still let you swipe to pay. But that will change soon.
One year ago today, regulations surrounding liability for credit card fraud switched to encourage banks and stores to start using EMV (Europay, Mastercard, Visa) technology, also known as chip cards.
But in the U.S., you only have to go back about 10 years or so — before EMV chips and contactless technology became standard on credit cards — to find a different world, where those now ...
The U.S. Payments Forum is tapping into industry trends in its spring market snapshot. It’s an amalgamation of insights from ...
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