3 Things You Need to Know About the Upcoming EMV Technology Rollout

With the deadline looming for merchants to update their card readers to be compatible with EMV payment technology, it's critical for retailers and card providers to understand the implications of the change. After the deadline, retailers and banks that support magnetic stripe cards will be liable for any fraud losses that occur through the use of the cards, and will face serious damage to customer loyalty and sales if a security breach occurs.