Only about 60% of you know what is happening on Oct. 1, 2015 with the EMV Liability Shift and the Chip Cards. I have to say this is turning out to be one of the most botched roll outs of technology shift ever. In a nutshell here it is: Today, if there is a breach, fraud, you name it, the Processor bears the burden of the cost's associated to mitigate the fraud. On Oct. 1, that burden shifts to the merchant/restaurant owner if they don't have the technology to...
EMV and all the *&%$@? confusion
EMV and all the *&%$@? confusion