Migrating away from outdated credit and debit cards that use magnetic stripes, U.S. credit card companies have set Oct. 1 as the date for the national adoption of cards embedded with microchips. This technology, known as EMV (Europay, Mastercard, Visa), is a safer form of payment for buyers and sellers, as the cards are nearly impossible to counterfeit.
The Small Business Administration (SBA) will partner with Square, a credit card processing and business solutions company, to host a webinar on what small businesses need to know about the switch to chip card technology. It will be held Oct. 14 at 2 p.m. ET.
Participants will learn what the transition to EMV chip card technology means for small businesses; what EMV chip card technology is and why it’s more secure; and what the new fraud liability rules that take effect Oct. 1 mean for merchants.
Register online to attend.