EMV Migration Forum Launches Resource Center For U.S. Stakeholders

Posted On: 9/11/2014

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TAGS: EMV chip technology, EMV migration forum, vending, cashless vending, electronic payments, uropay Mastercard and Visa

PRINCETON JUNCTION, NJ -- The EMV Migration Forum has launched an online resource for all stakeholders moving to EMV chip technology in the U.S., including merchants, issuers, consumers and manufacturers. The new Knowledge Center organizes the growing number of available U.S. chip migration educational materials from across the Web into an interactive, searchable spreadsheet.

Resources include white papers, guides, specifications, frequently asked questions, press releases, articles and other materials focusing on U.S. chip migration, chip implementation, analyst reports and technology education.

The Knowledge Center is structured for easy navigation, allowing users to sort and search for resources. Each resource is categorized by column heading: Category, Stakeholder, Subtopic, Title and Author. Content categories include customer experience, fraud and security, implementing EMV, regulatory and compliance, technology, testing and certification, and training and education.

By October 2015, all merchants will be subject to new Europay, Mastercard and Visa (EMV) standards, which require a shift from magnetic-stripe credit cards to chip and PIN cards.

Merchants that don't comply by October 2015 will become liable for fraudulent purchases, a change that is expected to motivate many to adopt the new standards and avoid the risk.