The Ticking EMV Time Bomb

Fuel retailers who have not switched their fuel dispensers to accept chip cards by October will be liable for fraudulent purchases made at their sites. Even so, an industry survey conducted last year by standards group Conexxus suggests less than half of the industry will be ready in time. What does the liability shift mean for retailers who haven’t made the switch? Why is migrating to EMV so difficult, and what are the risks? Co-hosts Brett Dworski and Jackson Lewis discuss the liability shift today and looking forward on this episode of “At Your Convenience.”