What is EMV Compliance?
EMV compliance ensures secure card transactions using chip technology, protecting against fraud and reducing merchant liability for counterfeit card use. It’s a standard set by EMVCo, involving major card networks.
Why is becoming EMV Compliant important to Merchants?
If you are not set up to accept EMV payments, fraud liability lies on the merchant.
How do I become EMV Compliant?
A Riverside representative is standing by to seamlessly help you make this necessary transition. In addition, we’re excited to announce that 99% of customers are able to become EMV Compliant without paying any added fees. With Riverside, our clients already save money on our custom programs while enjoying new and updated equipment, so this is just one more reason Riverside is becoming known as The World’s Best Merchant Service Provider.
What is EMV Chip Technology?
The Name, EMV, originates from its developer Europay Mastercard® and Visa®
EMV Chip Technology, aka “chip and PIN” or “chip and signature,” is becoming the global standard for credit card and debit card payments, where standard cards are embedded with microprocessor chips that store and protect user data, drastically increasing security and reducing fraud. Cards with EMV Chips adapt to a variety of applications, including mobile phones and tablets.