ACTION REQUIRED - The U.S. has Transitioned to EMV
Did You Know?
All businesses that accept in person payments must be able to take cards embedded with chips to avoid liability for fraud. The chips are more secure way of accepting payments than magnetic stripes. EMV (which is an acronym for Europay, MasterCard® and Visa®) is a more secure way of accepting payments. A “smart card” and an EMV-enabled point of sale solution are required to leverage the technology and security capabilities inherent in EMV. Your EMV terminal, also accepts Apple Pay, Android Pay and all contactless forms of payment. Smart cards contain a “chip” capable of more sophisticated security than traditional magnetic stripe cards, keeping cardholders safer and combating counterfeiting and fraud by assigning dynamic values for each transaction. Since fraudsters cannot skim or copy chip card data, EMV technology helps reduce fraud risks for your business and your customers.
Why this matters:
These cards will change the way you accept card payments. In the coming months, your customers will increasingly want to use their new chip cards and take advantage of the security they offer. You will be responsible for credit card fraud if you do not have an EMV-compliant terminal.
HOW DOES EMV HELP YOUR BUSINESS?
EMV benefits everyone associated with your business. Consumers have fewer reasons to worry about the security of their payment information and will have a payment card that works anywhere in the world. Your business benefits from the reduction in card fraud resulting from counterfeit, lost and stolen cards.
Help Prevent Fraud. Protect Your Business.
*Free Ingenico iCT 220 terminal
Limited Time Offer