Three-year delay of EMV at pump is ‘realistic’

摘要

Industry experts say the new liability shift date for pumps to be certifiedrnto process smart chip card transactions is now “realistic.”rnVisa, MasterCard and American Express announced a three-yearrnpostponement to Oct. 1, 2020, instead of Oct. 1, 2017. By that deadline,rngas stations without payment systems meeting the Europay MasterCardrnVisa technology standards for chip cards must assume liability for certainrnfraudulent transactions.