In October of 2015, EMV will become a reality for those individuals involved in the process of
accepting credit cards. While Visa, Mastercard, Discover, and American Express, each has their own unique description for the changes in liability, beginning in October 2015 when a fraudulent transaction occurs, liability for any resulting counterfeit losses will fall on whichever part of the chain is responsible for the EMV transaction not occurring.
If your business is not EMV ready, now is the time to begin developing and implementing your EMV roadmap. Learn more about EMV, the liability shift, and your responsibilities in our latest infographic below.
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https://cayan.com/preparing-your-business-for-emv
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