Businesses should be EMV compliant to avoid being held responsible for credit card fraud. EMV compliance requires businesses to use EMV card readers to process credit card transactions. Your business ...
On Oct. 1, 2015, the liability of fraudulent credit card transactions shifted from financial institutions to retailers who didn’t have systems capable of reading the new chip-enabled credit and debit ...
Soon, U.S. overseas travelers’ frustrations with credit cards could ease. Visa and MasterCard have issued an October 2015 deadline for the switch from the swipe-and-sign cards, the standard in the U.S ...
There is good news for credit card holders as chip cards are on their way to becoming more convenient. The new chip credit cards are more secure than those that swipe, but they are also more time ...
If you've experienced confusion in the check-out line, you're not alone. As more and more businesses move to credit card chip readers, some consumers are fed up with the inconsistencies. Dip the chip ...
The new chip credit cards are working, so well in fact, that retailers that accept chip cards are seeing fraud drop by nearly half. And as 7 On Your Side's Michael Finney explains, the transaction ...
(NEW YORK) — Chip credit cards may not be able to protect consumers from identity fraud. In some cases, a theif can place a home made device over a credit card reader and capture the information off ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. This June 10, 2015 photo shows a chip credit card in Philadelphia. (AP Photo/Matt Rourke) When it comes to mixing convenience and ...
Chip credit cards, or EMV credit cards, are the new standard in credit card technology. Unlike magnetic stripe cards, the card chip creates a unique transaction code that can't be used again, which is ...
The deadline for retailers to accept the new credit card types is tomorrow, which could be a new driver of mobile payments. So-called chip & pin cards will be required to be used at all U.S. merchants ...