This is a big question for retail merchants these days. Many merchants find themselves asking, “Do I need to accept PIN-debit?” Historically, the answer to this question depended on many factors, primarily cost differences and time saved with PIN entry. However, with the advent of EMV technology and regulations, PIN [...]
EMV stands for Euro-Mastercard-VisaIt’s a technology also referred to as “chip cards” and is currently widely used across the globe, originating in Europe over ten years ago. Instead of using the standard, magnetic stripe card to store credit card information, EMV technology allows for the sensitive credit card data to be stored [...]