Visa is encouraging retailers to move toward the EMV technology seen in Europe, but some argue by the time it’s implemented in the U.S., the technology will be outdated. By Erin Rigik, Associate Editor. Visa this fall announced plans to speed up the migration to contact chip and contactless EMV chip credit card technology in…
The High Stakes of Compliance
Convenience store operators must stop thinking of Payment Card Industry (PCI) compliance as a nuisance to be handled when they have time. It is a serious, costly, complex fact of life—one that can potentially put an operator out of business and one that must be faced head on. It was in September 2006 that the…