Implementing chip in the complex U.S. acceptance environment.
Starting October 1, 2015, the payment brands shifted liability for certain types of fraudulent transactions to merchants that haven’t yet upgraded their systems to accept chip cards. While a significant amount of progress was made in 2015, there are many small and midsized merchants, VARs, ISOs and ISVs that are only starting to learn about the EMV standard and beginning implementation project plans. This white paper helps the merchant community to understand the changes and challenges associated with introducing EMV chip technology to the U.S., and to get started on the right path to chip deployment and payments consultancy. It also offers offer some best implementation practices for getting a chip-accepting solution to market in as timely and efficient manner as possible.