Tag Archives: EMV

EMV: ARE YOU IN THE GAME?

    EMV MERCHANT LIABILITY AND EMV USAGE                   Are you up-to-date on current issues affecting the implementation of EMV technology used in accepting card payments?  Are you aware, for example, that liability … Continue reading

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EMV: IMPLEMENTING A MORE SECURE PAYMENTS SYSTEM

  “If you want total security, go to prison.” – Dwight D. Eisenhower   ACTION—REACTION   The shift of financial liability to merchants for those fraudulent POS card-present transactions not processed via EMV-enabled equipment will occur October 1, 2015.  As … Continue reading

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REMINDER: U. S. MERCHANT LIABILITY FOR NON-EMV COUNTERFEIT POS PAYMENT CARD TRANSACTIONS BEGINS OCTOBER 1, 2015

WHAT IS THE EMV FINANCIAL LIABILITY SHIFT?   Beginning October 1, 2015, financial liability for counterfeit point-of-sale (POS) payment card transactions will shift to, “the party that is the cause of a chip transaction not occurring….”1  Essentially, if the financial … Continue reading

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