According
to the NFIB Research Foundation, nearly a quarter of small business owners are
still in the dark on new rules that now affect small business merchants who
have yet to switch to EMV chip-enabled terminals. As of October 1, 2015,
merchants are liable for fraudulent credit card transactions unless they are
using an EMV chip-enabled system. Accordingly, it’s imperative to check with
your credit card processing company to be sure that your system is up to standard.
For more information, check out NFIB’s great online
resources,
and our recently recorded webinar for
everything you need to know on this issue.