![]() ![]() ![]() This terminal may only be level 1 certified. ![]() ![]() Even though all the pieces of a safe transaction are there, the business owner hasn’t quite put together the puzzle. The technology isn’t working and therefore the register attendant requests you use the magnetic swipe instead. Some credit card terminals, even if they claim to be EMV, are not technically certified. What’s the Level of Certification of Your Terminal? The dangers of swiping chip cards instead of dipping them into the slot could cost you thousands of dollars. Great! Your business is officially covered as long as it has an EMV terminal, right? This is unfortunately not the case if you are not actually using the chip card reader. Hopefully, you’ve heard of the 2015 fraud liability shift, which places the blame on your business for all card-present fraud when accepting counterfeit magnetic stripe cards. ![]()
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