If you haven’t heard already, you may be hearing the term “EMV” a lot more in the coming months, especially if you use point-of-sale (POS) devices like swipers or phone card readers.
As with any widespread technological update, many businesses may hear confusing or conflicting information regarding how the changes will affect them. Business News Daily spoke with security and payment industry experts to get to the bottom of five common beliefs (and misbeliefs) about EMV: