EMV (Europay, Mastercard, Visa) describes a payment transaction between a chip card and an EMV-enabled terminal that combats the use of counterfeit, lost or stolen payment cards. Although well established in Europe, it is only since October 2015, the cost of fraudulent transactions will have to be covered by the merchant in the USA. This is known as the liability shift.
EMV payment terminals read the secure chip embedded in an EMV payment card and authenticate the user with a Personal Identification Number (PIN) before requesting authorization for the payment from the card issuer. Once implemented your new payment terminal will need to be certified with your processor and updated regularly.
3C works closely with your ePOS/PMS provider and processor to provide a range of pre-certified terminals. Our terminal management system automatically and remotely sends updates to the terminal software ensuring that you can be confident that you are always compliant without interrupting your ability to trade.