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The Europay, MasterCard, and Visa (EMV) payment standard has had all the drama of an opera: an abrupt and sudden announcement that disrupted businesses, a difficult consumer adoption, a deadline that got pushed and pushed but arguably not pushed enough. We’re way past the April 2021 deadline, however, the drama continues. This time, it’s about […]
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Last April came and went. With it, the extended EMV liability shift deadline passed. Truck stops, convenience stores, and other retailers that missed the deadline now bear responsibility for fraud losses at their locations. The risk this lapsed deadline represents is tremendous, especially for small business owners. Here’s how you can better understand why so […]
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Updated 9/11/20! The EMV deadline at the pump is April 2021. Fuel station operators have till then to comply with the EMV standard for paying at the pump or assume the liability for payment card fraud that happens at their facility. Late EMV Deadline for Fuel Stations Leaves Consumers Vulnerable Before big travel holidays like […]
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The first EMV transaction at the fuel pump has successfully taken place with a gas station located in Burlington, NC having the bragging rights. For the petroleum industry, this is very exciting news! EMV has been supported for inside store transactions for over a year but the pumps have lagged behind. The high cost of […]
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Simplifying the on-going chip card transition Can you accept chip cards today? The answer to that question depends on the POS system you are using. Let’s break down the most widely used devices for C-stores and Truck Stops, take a look at their progress, what you need to be doing, and how we can help. […]
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Time Flies It has been full year since the EMV liability shift has taken place. While quite a few retail merchants across industries have upgraded equipment to accept chip cards, the petroleum industry is lagging behind with a 12 month cushion before the deadline at the pumps. Between costs for replacing hardware and software upgrades […]
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