QuickBooks Credit Card Processing
What is EMV:
EMV is the global standard for smart card payments and refers to EMV refers to smart or chip cards that contain an embedded chip which provides stronger security features.
Why is EMV important:
EMV provides merchants with increased fraud protection from counterfeit, lost or stolen cards. Today, if you run a transaction on a fraudulent card, the bank assumes the loss. In the United States, starting in October, if you swipe a fraudulent EMV/chip card with a magnetic stripe reader, you could be liable for that charge.Read More