Keyword: EMV

EMV implementation is a waiting game

The transition to EMV technology for credit card transactions was supposed to be complete last October, but fewer than half of retailers report being in compliance thanks to delays in certification by the banking industry.
credit card

42% of retailers are not EMV-compliant

The October 2015 deadline to implement EMV payment technology has long passed, but still 42 percent of retailers have not updated their systems in spite of the increased risk of liability.