EMV's smart chip technology consists of a microprocessor embedded into payment cards and smart devices that secures payment transactions at the point of sale. However, it requires merchants have an EMV compatible terminal. With the liability shift deadline of October 1, 2015, business owners are primed to upgrade their hardware, opening a wealth of new opportunities for point of sale integrators and resellers.
The history of the EMV (Europay, MasterCard and Visa) global standard, origins and founding and current members
The industry players affected by EMV, from card issuers, consumers and merchants, to value added resellers and integrators
What makes EMV more secure than magnetic stripe cards and contact vs. contactless transactions
The rush towards compliance and how the U.S. liability shift is affecting implementations and upgrades