This is the story of a stolen credit card number, money laundering, and how EMV chip technology could have prevented it.
Quick EMV Recap
Two short weeks from today, on October 1, 2015, the payment card industry in the U.S. will change who is responsible for fraud liability. There's a big potential for you to lose money if you are not compliant. You can read my previous in-depth Nuggets about VIEW FULL GOLD NUGGET
Today's topic jumps outside the bounds of marketing, SEO, and websites and goes directly to the bottom line of your business. Every retail store owner who accepts credit cards needs to read this.
The deadline to upgrade your credit card processing equipment to the Europay MasterCard Visa (EMV) smartcard standard is quickly approaching. The deadline is October 1, 2015; that's just 178 days from today!
What is an EMV Enabled Payment Card
For a primer on ...
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