News Articles

National Adoption of Chip Cards (EMV) to Start October 1

Credit card fraud is a large and still growing problem in the US, but chip card technology, often referred to as EMV (Europay-Mastercard-Visa), promises improved security than the traditional magnetic strip technology.  While many consumers have already been provided with new cards by credit card and banking companies, only a small number of small businesses have updated their business with the payment equipment capable of accepting chip card technology.  With the adoption date just around the corner, the U.S. Small Business Administration has released a great article detailing this new technology and what it means for small businesses.

Click here to read the SBA’s complete article.