" />
Putting the Finishing Touches on PAR

Putting the Finishing Touches on PAR

EMVCo is getting formal about tokenization.   The chip card standards body, which manages the Europay/MasterCard/Visa (EMV) payment technology standard, this week officially updated its tokenization specification to include the new Payment Account Reference (PAR) data...
Going to Legal Bat(tle) Over EMV

Going to Legal Bat(tle) Over EMV

We knew this was going to happen. It was just a matter of when a merchant or merchants would take legal action pertaining to the EMV liability shift, where it would happen, and what the claim would be.   Last week was the “when.” Now here’s the “who” and the “what” of...
EMV: Merchants’ Newest Gift Card Wrinkle

EMV: Merchants’ Newest Gift Card Wrinkle

The EMV liability shift has laid an unwanted “present” at the gift card industry’s feet. Now on the hook for fraudulent card-present transactions under the liability shift umbrella, merchants that haven’t upgraded to EMV-compliant point-of-sale technology are putting...

EMV Transition Won’t Stick To Schedule, Analyst Says

The United Kingdom, for example, took 10 years to reach 80% EMV penetration, Todd Ablowitz, president of Double Diamond Group, said during a panel discussion at the Southeast Acquirers Association annual conference. “This is Act 1 of a 31-act play,” Ablowitz declared....