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Merchants That Ignore EMV Will ‘Inherit’ Fraud
The merchant EMV liability shift is coming this week, and many merchants argue they don’t need to invest in new payment terminals because they’ve had only one or two fraudulent incidences in the entire history of their business.
While there might have been only a few incidences they were aware of, there were likely countless other fraudulent attacks that were handled by the card issuer because they are the ones that were liable.
By Wade Barnes
Full Story: http://www.paymentssource.com/news/paythink/merchants-that-ignore-emv-will-inherit-fraud-3022407-1.html
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Big Sky Commerce
Merchants are being bombarded almost daily by phone calls and emails from payment processors trying to win their business. Processors may offer rates that seem lower than what you are currently paying. Be sure to read the fine print before changing processors. We have had merchants leave us for "the better deal" only to return…
