Youratm.Com Inc
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- EMV LIABILITY SHIFT 9 weeks away EMV Mandate A mandate from the networks to comply with their specific OPERATING RULES, WITH NON-COMPLIANCE RESULTING IN POTENTIAL FINES. The Networks have mandated the processing of chip card transactions to POS and ATM acquirers and sub processors. EMV Liability Shift The liability shift is if an acquirer is not supporting EMV, they will assume the loss for counterfeit/ fraudulent transactions. If the acquirer is EMV compliant, liability remains with the issuer. If your ATM is not EMV compliant the liability for the counterfeit transaction comes back to you the ATM owner. The bank will no longer be responsible for the loss to the card holder, YOU the ATM owner will be held responsible. If a counterfeit-fraudulent transaction happens at your ATM that is EMV compliant the liability lies with the issuer. MasterCard liability shift is October 2016 VISA liability shift is October 2017 40% of all U.S. debit cards issued will be EMV by the end of 2015. 70% of all U.S. credit cards issued will be EMV by the end of 2015.
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Headquarters:1201 Four Lakes Drive , Matthews, North Carolina, United States
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Phone Number: +1 704-846-7382
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Website: https://www.youratm.com
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Employees:4
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Revenue:$1 - 10M
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Legal Name:Youratm.Com Inc
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| NAICS Code: 522110 |
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Frequently Asked Questions regarding Youratm.Com Inc
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Where are Youratm.Com Inc's Headquarters?
Youratm.Com Inc's Headquarters are in 1201 Four Lakes Drive ,Matthews,North Carolina,United States
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What is Youratm.Com Inc's phone number?
Youratm.Com Inc's phone number is +1 704-846-7382
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What is Youratm.Com Inc's official website?
Youratm.Com Inc's official website is https://www.youratm.com
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What is Youratm.Com Inc's Revenue?
Youratm.Com Inc's revenue is $1 - 10M
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What is Youratm.Com Inc's NAICS code?
Youratm.Com Inc's NAICS code is 522110
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How many employees are working in Youratm.Com Inc
Youratm.Com Inc has 4 employees
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What is Youratm.Com Inc's Industry?
Youratm.Com Inc is in the industry of Banking