EMV - Europay, Mastercard, Visa

• What is EMV?

EMV is the new standard for Credit and Debit Cards. These cards are equipped with "Chip Technology"

• what is the chip for?

The chip is where the card will store all of it's information.

Customer using an Ingenico ISC250 Credit Card Reader

• hOW IS THIS SAFER?

OTHER NAMES FOR EMV

Every-time you swipe a traditional card with a magnetic strip it has unchanging data. An EMV card creates a unique transaction code everytime it is used, thus, keeping your personal information safer.

• What is the october 1st deadline for?

• EMV shift

• EMV card
• Chip card
• Smart card

• Chip & Pin Card

 

 

• EMV smart card

• Smart-chip card

• Chip-enabled smart card

• Europay Mastercard Visa Card

• Chip-and-choice card (PIN or signature)

Businesses have until October 1st to become EMV compliant, meaning they will use equipment that accepts the chip and pin card. Businesses that are not EMV compliant may be liable for any fraudulent charges.

• HOw is liability determined?

As of October 1st, 2015, whichever party is the least EMV compliant could be held liable for fraudulent transactions

let us help make sure you are emv compliant

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