What EMV Means for Retailers

Choosing the Right Solution
Whether running your own payment solution or outsourcing to a processor, there are a broad range of factors that you need to consider. For example, retailers running their own solution will need to think carefully about which licensed software they select. Has it been proven in a chip and PIN environment? What's the transaction speed at point of sale? Which PIN pads does the solution support and are these acceptable? Is the solution PA DSS (Payment Application Data Security Standard) approved? Are end-to-end encryption and tokenization supported? How will the PIN pad logistics be managed? Who will manage software upgrades and key management?