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Friday, May 08, 2015
Is your POS Terminal ready for EMV
By October 1, 2015, your business must be ready to accept EMV chip card payments. On this date, the liability of chargebacks will shift to a merchant if the terminal does not process EMV. Card issuers are racing to get EMV smart chip cards in the hands of consumers before the deadline. Now, merchants must update their equipment to support this new feature or face losses in chargebacks automatically without possibility to dispute. Prevent possible losses and update equipment to support EMV and other new technologies like Apple Pay and Google Wallet by contacting your Blackstone sales representative today. Ask for the new Pax S80 contactless terminal!