RCM Answers features insight from InstaMed Security Officer Noah Dermer.
Read the full article, Chip Is In, Swipe Is Almost Out: Why EMV Continues to Grow, in RCM Answers. Below is an excerpt from the article.
We’ve come a far way since the EMV fraud liability shift went into effect four years ago in October 2015. Since then, swiping cards has almost become a thing of the past. Consumers have come to expect chip-enabled payment cards for making purchases, and merchants have made great strides to accept EMV. But there is still work that needs to be done. Let’s take a look back at the impact of the EMV fraud liability shift and see what the payment industry still has left to do.