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What The Status Of EMV And Payment Fraud Probably Will Be On October 2

There are about three months until the liability for fraudulent payment card transactions will shift from issuing banks to the party with technology least compliant with EMV. As an IT solutions provider working with merchants, you are probably helping your clients transition to the new technology or maybe, still, even just explaining what it is. EMV payment technology uses chip cards that create a unique transaction code, hindering criminals from duplicating payment cards from stolen data. You are probably aware there is a lot of misinformation circulating that could be contributing to some confusion regarding EMV.

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