EMV Deadline for Fuel Stations Approaches the Midnight Hour
- Date:February 26, 2021
- Author(s):
- Raymond Pucci
- Research Topic(s):
- Commercial & Enterprise
- Merchant
- PAID CONTENT
Overview
The last phase of the U.S. retail conversion to EMV chip cards is approaching the card networks’ April 2021 mandate. After delays reaching back to 2015, fuel merchants are among the last holdouts. Most will make it; many will not. The transition of fuel pumps to EMV is complex and costly, and will continue into early 2022. Fraudsters will find that another payment transaction breach has been filled.
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