{"id":3735,"date":"2015-09-14T09:04:07","date_gmt":"2015-09-14T14:04:07","guid":{"rendered":"http:\/\/3dmerchant.com\/blog\/?p=3735"},"modified":"2021-12-03T03:19:25","modified_gmt":"2021-12-03T08:19:25","slug":"emv-verifone","status":"publish","type":"post","link":"https:\/\/3dmerchant.com\/blog\/pos-terminals\/emv-verifone","title":{"rendered":"EMV handbook for merchants by Verifone"},"content":{"rendered":"

\"emv<\/a>Verifone’s EMV handbook<\/a> is a comprehensive guide for both retail and card not present merchants. It’s hardware agnostic and the Question and Answer section is especially useful.<\/p>\n

Two questions on page 17 about hardware need to be read together. To clarify the liability shift going into effect October 1, the merchant’s hardware (terminal) needs to be more than capable<\/span> of processing chip card transactions.\u00a0 It needs to be certified on the processor platform<\/span> and EMV must be enabled on the merchant account<\/span><\/strong>. This is an important distinction.<\/p>\n

There may be thousands of terminals in use technically capable of accepting chip cards, but either the terminal is not yet certified for EMV chip card transactions, or the processor has not certified the terminal to their platform.<\/p><\/blockquote>\n

Beware purchasing terminals that will ‘get you ready’ to be EMV compliant. Will the seller guarantee the terminal will be certified for the acquirer platform you need? For example, acquirers usually have multiple platforms but not all merchants can switch between them. With the liability shift just weeks away, merchants wanting to be EMV compliant should not wait another minute:<\/strong><\/p>\n