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Sue Pitts
- Aug 11, 2015
- 2 min
EMV Cards and Chip Technology
Is your small business prepared for the upcoming switch to EMV debit and credit cards? The deadline is October 1, 2015, and all businesses (whether small or large) will be required to have EMV compliant point-of-sale terminals in place to accept the new cards. If you do not, your business (rather than the bank) will be liable for fraudulent debit or credit card transactions that occur at your establishment. What is it?
EMV (which stands for Europay, MasterCard, Visa) is a ne
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