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.
Book a Meeting with the Author
Related content
Instant, Faster and Same Day Payments: Where Speed is Grabbing Share
Ten years after the Federal Reserve set the U.S. faster-payments agenda in motion, the market is beginning to show what fit-for-purpose adoption looks like in practice. This report...
One Year On: Tariff Impacts on U.S. Imports and What They Mean for Treasury and Payments
The 2025 tariff regime triggered sharp, policy driven shifts in U.S. import patterns, with tariffs reliably pushing trade away from high duty lanes and toward lower duty or exempte...
Faster Funds by Fiat: A Global Comparison of Payment Timing Regulations
Governments want big businesses to pay suppliers faster, and they are using legislation to influence payment timing, with varying degrees of success. This report categorizes the ma...
Make informed decisions in a digital financial world