Europay / MasterCard / Visa
Don't be the last to know! If you're a business who accepts credit cards, listen up. As of October 1, 2015, businesses were required to switch to EMV compliant terminals. The reason for this migration is to fight against fraud.
How Does EMV Work?
EMV cards store payment information in a secure chip, rather than on a magnetic stripe, and the personalization of EMV cards is done using issuer-specific keys. Unlike a magnetic stripe card, it is virtually impossible to create a counterfeit EMV card, which can be used to conduct an EMV payment transaction successfully.
What Are The Benefits?
Help protect customer and transaction data
EMV transactions are authenticated during payment to protect against counterfeit cards. They also create unique transaction data, so any captured data cannot be used to execute new transactions.
Reduce the potential cost of doing business
On October 1, 2015, a shift in liability took place for fraudulent cards if you are not compliant. Don't let your business get hit with expensive non-compliant fees, simply for not upgrading your terminal.
Reinforce your customers' confidence
Customer loyalty is the key to a successful business. Build trust with your customers by ensuring their credit cards don't get compromised.
Stay up to date with payment trends
These terminals are equipped with Near Field Communication (NFC) technology which is used in mobile contact-less payments. This allows your customers to be one of the first to use this form of payment, keeping your business ahead of the game.
Countries Who Have Already Adopted EMV
Change happens, but we're here to keep you informed
The EMV deadline has now passed, but don't worry we are still here every step of the way.