MetroBPS Urges Stores and Restaurants to Adapt to New Credit Card Processing Standard by October 1

Only Six Months Remain to Comply with EMV Standard

RONKONKOMA, NEW YORK — MetroBPS is reminding all establishments which accept credit cards as a form of payment that they must adhere to the upcoming EMV (Europay, MasterCard and Visa) standard by October 1, 2015. This means that brick-and-mortar stores and restaurants must install new point-of-sale (POS) terminals that will accept these highly advanced EMV cards, which provide a more secure form of payment. Failure to do so, the company says, may result in liability for the retailer. Continue reading “MetroBPS Urges Stores and Restaurants to Adapt to New Credit Card Processing Standard by October 1”

Visa Expands U.S. Roadmap for EMV Chip Adoption to Include ATM and a Common Debit Solution

Visa to Make Technology Available to Debit Issuers and Networks to Facilitate Issuer Flexibility and Merchant Routing Choice FOSTER CITY, Calif., Feb. 4, 2013 /PRNewswire/ — Visa Inc. (NYSE: V) today announced its support for a common U.S. debit solution and an expansion of Visa’s previously announced roadmap for EMV (Europay MasterCard Visa) chip card adoption in the United States to include a migration path for ATM transactions. Continue reading “Visa Expands U.S. Roadmap for EMV Chip Adoption to Include ATM and a Common Debit Solution”