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Countdown to the Liability Shift: All You Need to Know
[October 29, 2014]

Countdown to the Liability Shift: All You Need to Know


BOSTON BOSTON --(Business Wire)--

In little less than a year, merchants in the US will be faced with a shift in liability if they are not EMV compliant. To explore the road to EMV in the United States PYMNTS.com has produced an easily readable eBook complete with perspectives and learnings of industry leaders from other markets on preparing for the impending Chip and PIN and digital future.

Each chapter reflects the unique perspective of the contributing company. Excerpts include:

Datacard on EMV and increased security: "EMV chip card ubiquity in the US will dramatically decrease the options fraudsters will have to use stolen card data, and it will enable cardholders to embrace new ways of making payments with enhanced protection."

Creditcall on EMV and the risk at the POS: "The safest payments system possible combines EMV with point-to-point encryption (P2PE) at the POS level. What ISVs, VARs and integrators need to understand, is that getting a POS or mPOS solution EMV-ready will not happen overnight, as a migration will take approximately 22months to complete. When crunched for time and resources, it's imperative for payments systems organizations to know pre-certified EMV solutions exist, and will significantly reduce the amount of time and effort to get up and running."

Gemalto (News - Alert) n EMV and the adoption of contactless payments: "As EMV becomes ubiquitous in the U.S., the timing has never been better for contactless payments. Issuers can now leverage two important benefits of the EMV migration: The momentum of consumers changing their payment experience at the point-of sale, and the new infrastructure that merchants are currently installing." Gemalto discusses the countdown to EMV and best practices following their extensive experience in contactless payments and deployment of over one billion EMV cards worldwide.



Oberthur on EMV and the path to digital: "The techniques and technologies EMV utilizes are the technologies that are being exploited to secure cyber space. Standards like EMV are being developed to provide the mechanisms to assure our individual identity in cyberspace

To download this eBook please click here. For more information on what the payments and commerce industry say about EMV, please visit PYMNTS.com


About PYMNTS.com

PYMNTS.com is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of payments and commerce and make news.

This powerful B2B platform is the #1 site for the payments and broader commerce ecosystem by traffic and the premier source of information about "what's next" in payments. C-suite and VP level executives turn to it daily for these insights, making the PYMNTS.com audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. PYMNTS.com …. where the best minds and best content meet on the web to learn "What's Next" in Payments and Commerce.


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