EMV IS RIGHT AROUND THE CORNER!

A. April 1, 2013 – Acquirer processors will be required to support merchant acceptance of chip transactions, plus some infrastructure updates will be required. 

 

B. October 1, 2015 – Liability will shift to merchant acquirers on non-EMV enabled POS terminals. 

 

 

C. October 1, 2017 – Liability shift takes effect for transactions generated from automated fuel dispensers as this will allow more transition time to account for higher equipment/pump costs. 

 

According to Visa and Mastercard, these are the dates to remember:


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