October 15, 2015 Kimberly

Liability shifts to businesses for fraudulent charges

The EMV (chip credit card) compliance deadline was October 1. 2015. From this point on, banks will no longer be responsible for refunding fraudulent transactions. That financial liability will now be held by the business that is the least EMV compliant. Learn more about upgrading your POS system here and start protecting your practice!

Liability Shift

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