October 1st was the deadline for merchants to upgrade their POS systems to be EMV chip card-compatible. From now on, if a consumer uses an EMV card at an outdated terminal, the merchant will be liable for any fraudulent charges associated with the purchase.
Earlier this month COO of Abtek, Tami Cohorst was featured on WXYZ-TV Channel 7 in Detroit to discuss the current EMV chip card landscape in the United States. Learn why some consumers may not have received their chip cards yet and discover what this transition to EMV will do for our payment security as a country.
View the clip below!
EMV Chip Card Transition Deadline Is HereOur COO Tami Cohorst appeared on WXYZ-TV Channel 7 ahead of today’s EMV liability shift deadline to talk to Stephen Clark and JoAnne Purtan. Have questions about how to get your business chip card-ready? Call us at 248-623-4430 today!
Posted by ABTEK on Thursday, October 1, 2015