EMV has been a disaster of a payments mandate. Personally we’ve always thought EMV was a way for the card networks to pile more risk on hapless merchants while simultaneously earning more revenues for themselves. (We’re not the only people to think this, for the record.) #Powerofalegislatedmonpoly.
Even so, too many POS companies have had a difficult time making EMV work with their legacy code. This comes more than three years after the liability shift took effect, and more than five years since the pending changes were announced to industry stakeholders.
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