EMV issues persist as new deadlines approach

As merchants and issuers slowly transition point-of-sale devices and payment cards to EMV, the next major step in the move from magstripe to chip technology has begun to loom: The shift deadline for ATMs and self-service fuel dispensers.

The liability shift deadline for ATM transactions made with MasterCard branded credit and debit cards is Oct. 1, 2016; Visa’s deadline is Oct. 1, 2017.

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