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What is EMV compliance law and should your business worry about it?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 ...
If you have received a new credit card recently, it probably contains an EMV chip. You may not have noticed it because most US retailers still let you swipe to pay. But that will change soon.
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As Credit Card Tech Evolved, Some Would-Be Hiccups Never HappenedIntroduced as a way to mitigate credit card fraud, EMV chip cards feature a small microprocessor ... to insert (or "dip") their card into a card reader, rather than use the old method of swiping ...
When inserted into a reader (contact card ... Also called a "chip card," smart credit and debit cards adhere to the Europay, MasterCard, Visa standard (see EMV). Smart cards can also be programmed ...
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