Business Between Hours: EMV ''Chip'' Technology. Is your business ready?

Do you process credit cards? Do you use a credit card?

You will need to attend this event to stay informed on the changes that are going to be taking place on October 1st.

Let’s talk about how EMV will impact your business:

• All businesses must migrate their Point-of-sale systems to accept EMV, also known as “the smart chip card” by October 1st, 2015.
• Magnetic stripe only terminals and cards are being phased out.
• With the impending deadline for liability shift, any card payment fraud that could have been avoided through the use of an EMV terminal will become the responsibility of your business, rather than the credit card company.
• Did you know that chip cards are designed not to leave the customer’s hand?  Both the restaurant and retail industries will be changing the way they do business and how they take credit cards.