What you should know about payment security
Security should be a top priority for every business. While many headlines about data breaches usually focus on large retailers, like Target Corp. and The Home Depot Inc., there are numerous data breaches and fraud instances that we don't hear about, especially those that happen to small and midsize businesses.
The outlook for EMV
With the Oct. 1, 2015, Europay, MasterCard and Visa (EMV) deadline behind us, the industry continues to monitor U.S. migration rates and chip card distribution in order to predict progress. And, based on current data, it looks like the nation's move to full adoption of EMV-compliant payments will last for another two years in merchant categories that were given the 2015 deadline, and perhaps even longer for petroleum retailers, whose EMV liability shift will occur two years hence.
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