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EMV 101 For Gas Station and Convenience Store Retailers

EMV cards use an embedded integrated circuit (IC), also referred to as a chip, to read and write card data. The chip allows for dynamic data exchange and cryptograms for payment transaction security on a per transaction basis. Because the data changes with each new transaction, EMV card cards are harder to successfully counterfeit. In some circumstances, merchants may now be liable for fraudulent transactions. Gas station and convenience store retailers should work with their forecourt and forecourt vendors to understand the benefits, costs, and timelines for migrating to EMV certified solutions.”]

Source: https://www.conexxus.org/content/emv-101-gas-station-and-convenience-store-retailers

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