Many small business owners are not prepared to accept EMV technology cards which are designed to stem credit card fraud. Am EMV card s dipped rather than swiped and creates a unique transaction code. Effective October 1, 2015 businesses that don’t have chip reading technology will be liable for any fraud related to payment card use.
Community Merchants USA (CMUSA) is a complete resource for navigating the world of payment card acceptance in order to add the most value to your business. CMUSA is an educational nonprofit 501(c)(6) project of the electronic payments industry. Our mission is to help small business owners understand how electronic payments can help you start, manage and grow a business. Our site provides educational resources and tools about the evolving world of payment card acceptance.
|Presented by Rieva Lesonsky – Co-Founder, SmallBizDaily and GrowBiz Media|
Rieva Lesonsky is CEO of GrowBiz Media, a media and custom content company focusing on small business and entrepreneurship. Email Rieva firstname.lastname@example.org, follow her onGoogle+ and Twitter.com/Rieva and visit her website, SmallBizDaily.com, to get the scoop on business trends and sign up for Rieva’s free TrendCast reports.
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