Ingenico Group (Euronext:FR0000125346 - ING), global leader in seamless payment solutions, today released a timely new eBook: "Breaking Down the EMV Liability Shift - Who's Liable for What & When."
Authored by EMV expert Allen Friedman, Vice President of Payment Solutions, North America at Ingenico Group, the eBook clearly describes over three succinct chapters:
What EMV is and the benefits it provides
What the EMV liability shift is and what the risks of not migrating to EMV are
How to initiate the EMV migration process for your business
The EMV liability shift occurs in the US in October 2015. At that time, merchants assume liability for credit- and debit-card fraud, in certain scenarios, if they choose not to upgrade their payment acceptance solution to be EMV compliant.
Ingenico Group is the worldwide market share leader in payment solutions, and in the US has been shipping EMV-compliant solutions for several years. "We believe that the majority of large merchants are completely prepared for the October liability shift," said Friedman. "We see the most need for help and education among smaller merchants, who may not understand all the available options and resources that can make upgrading easier or the full ramifications of not upgrading. We created this new resource to help those merchants understand that there is still time, and that the EMV liability shift could be less complicated than they believe."