Intercard First to Offer EMV-Compliant Tellers

In early 2016, Intercard became the first debit payment system provider to the amusement industries to offer teller machines and machine upgrades that comply with the EMV standard.  When the 2015 EMV compliance rule went into effect, responsibility for fraudulent card use shifted to the merchants when the merchant doesn’t use an EMV solution with chip cards.  In a worst-case scenario, a customer makes several charges using a chip card on a swipe-enabled but not EMV-compliant device, and then disputes the charges, leaving the merchant to foot the bill or take the customer to court.  “We’ve already heard of such scenarios,” says Scott Sherrod, CEO of Intercard.  “In some cases the merchant is forced to write off hundreds of dollars. It is important for every merchant to get this upgrade.”

Leave a Reply

Your email address will not be published.

11 + three =