-
Recent Posts
Recent Comments
Archives
Categories
Meta
Tag Archives: financial liability shift
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
Posted in Fraud prevention
Tagged EMV, financial liability shift, payment card fraud, payments fraud
Comments Off on EMV: ARE YOU IN THE GAME?
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
Posted in Fraud prevention, Project planning
Tagged a/r processing, accounts receivable, electronic payments, EMV, financial liability shift, liability shift, payment card fraud, payments fraud
Comments Off on EMV: IMPLEMENTING A MORE SECURE PAYMENTS SYSTEM
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
Posted in Fraud prevention, Project planning
Tagged a/r processing, accounts receivable, b2b card payments, b2b payments, card payments, electronic payments, electronic payments b2b, EMV, financial liability shift, liability shift
Comments Off on REMINDER: U. S. MERCHANT LIABILITY FOR NON-EMV COUNTERFEIT POS PAYMENT CARD TRANSACTIONS BEGINS OCTOBER 1, 2015