Monthly Archives: March 2016

The 2 things you need to know about EMV

Today we will be talking about EMV. Since EMV card processing standards went live in the United States in October 2015, it is important that anyone who has or has not implemented this system understands what it is, what it means, and why there is a push for implementation. The basics on EMV First of all, it’s important to understand what EMV is and what it is not. EMV, which stands for EuroPay, MasterCard and Visa, is a set of standards and guidelines regarding smart chip technology, which is what differentiates EMV-compliant cards from the standard magnetic stripe cards that we all have and used to. As part of the transition to these EMV standards, new credit cards are being issued to consumers thatContinue Reading …