If you accept credit cards in your brick-and-mortar business, you hopefully have heard the term EMV and are preparing your business to update its current credit card processing terminals.
More and more payment card issuers are replacing old payment cards with new ones which feature an embedded chip.
After October 1st, if a data breach causes customer financial data to be exposed, the liability for such a breach will fall to whichever party in the transaction has the lesser technology.
When a change like this affects so many merchants at the same time, deciding how to proceed can be stressful and even a bit confusing.
While much is known about EMV technology, there are also quite a few misconceptions. In this article, we’ll address 5 common EMV myths.
Continue reading “Top 5 Myths about EMV Every Merchant Should Know”
