Hurdles Exist To EMV Implementation By October 2015, Including Fraud Liability

Feb. 14, 2014

There are many challenges to implementing credit cards with the added security of the Europay, MasterCard and Visa (EMV) chip, including the cost of upgraded equipment and installment before the October 2015 deadline, according to Computerworld. Additionally, without a PIN, which is not possible on most vending machines, the card is not as secure, making the merchant responsible for fraud. Full article