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.
Learn More About This Report & Javelin
Related content
A Modern-Day Primer on Commercial and Enterprise Payments
Commercial and enterprise payments comprise some of the most essential elements of any large enterprise. They affect critical areas such as liquidity, cash forecasting, and creditw...
Commercial Cross Border: This is Getting Good
Commercial cross-border transactions are a big business, and they’re only getting bigger, projected to expand at nearly an 11% compound annual growth rate through 2030. Such transa...
Shredding Inefficiency: A Blueprint for Eliminating Paper Checks
The use of paper checks in commercial payments doggedly persists, accounting for 33% of such transactions globally, with an overwhelming number of corporations still accepting chec...
Make informed decisions in a digital financial world