The convenience store industry has been moving towards speed and efficient technology since its inception. However some parts of the industry have moved faster than others. May & Carter wants our customers to be informed of changes and options for being efficient and safe with all of their technology.
EMV or Chip & Pin technology has been used in parts of the world for over a decade, but in the U.S.A. it has been postponed until recently. Over the past couple of years Visa and MasterCard have been building up to a nationwide rollout of the chip & pin technology for consumer security. The convenience store industry has two big dates to remember for the chip and pin liability shift against fraud. October 1, 2015 for in store points of sale and October 1, 2017 for pay at the pump. While the first date has come and gone, the liability for fraud has been maintained by many of the major oil companies until the software and hardware can be upgraded to handle these transactions.
To see the Verifone options for Chip and Pin visit our Verifone POS Overview page.