EMV credit and debit cards have a chip inside that helps to protect the owner from fraud and theft. These chips have been used in other countries around the world for years, and as the U.S. is now on board. You likely have been hearing about the October 3 deadline and may be wondering if your restaurant is ready.
All of these changes may just like the end of the world, but don’t worry! Like Heartland Payment Systems points out in this helpful article, it’s not quite “doomsday”. EMV is not the new Y2K and we have plenty of sources to help you. Visit some of the articles below to keep yourself informed on the change and what EMV requirements mean for your restaurant.
EMV Essentials for Restaurateurs from the NRA
A Legal Burden for Small Businesses – from the Washington Post
Keep Credit Card Costs in Check – from Restaurant Hospitality