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Old 03-06-2014, 03:37 PM
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Quote:
Originally Posted by CFrance View Post
Chip and pin will be implemented supposedly by October 2015. EMV compliance is required for credit card acquirers and processors, though it’s not mandated for merchants and processors. But merchants who don’t meet compliance by October 2015 will assume liability for fraudulent purchases—a shift that is poised to drive many to adopt the new standards and avoid the risk.

Here's more about it: Chip-And-PIN Credit Card Changeover In 2015 - Business Insider
Promising. Thanks.
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