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Which is increasingly important because that "far date in the future" of October 1, 2015 in less than 12 months away. On October 1, 2015 "Liability will shift
by seanmccann 12y ago
Which is increasingly important because that "far date in the future" of October 1, 2015 in less than 12 months away.
On October 1, 2015 "Liability will shift to acquirers for domestic and cross-border counterfeit fraud card-present POS transactions if the merchant does not have an EMV-enabled POS device."
Over the next year nearly all merchants will switch over.