Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Major Card Issuers Phasing Out Chip-and-Signature Technology

While some businesses have still not adopted Chip Technology, the movement toward EMV—which stands for Europay, Mastercard, Visa—is slowly but steadily underway. Since the associated liability shift in October 2015—whereby non-chip-equipped merchants can be held liable for fraudulent so-called "card present" transactions—U.S. consumers are increasingly utilizing their chip cards as a way to make in-store purchases.



This post first appeared on Credit Card Processing News | MerchantPro Express, please read the originial post: here

Share the post

Major Card Issuers Phasing Out Chip-and-Signature Technology

×

Subscribe to Credit Card Processing News | Merchantpro Express

Get updates delivered right to your inbox!

Thank you for your subscription

×