smart chips

ATM Operators Will Be Liable for Chip-Enabled Mastercard Fraud Starting October 21st

One year after America transitioned to EMV chip cards, many card providers and merchants still haven’t made the switch to smartchip technology. Mastercard has set new rules for ATM operators that will make them liable for fraud costs, beginning this Friday, October 21. Until now, ATMs have been kept out of the liability loop, with