Wednesday, September 30, 2015

THE EMV DEADLINE



Oct. 1, 2015 is the deadline for U.S.'s migration to EMV chip-and-PIN cards and banks should be issuing EMV-compliant cards and retailers will have the technology to accept them. If one party is supporting EMV and the other is not, the delinquent entity will have to cover the cost of any fraud that ensues.

For details see:

http://www.americanbanker.com/news/bank-technology/countdown-to-the-emv-deadline-whos-ready-whos-not-1076977-1.html

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