TRP_1170x120_3-8-19

credit card fraud

U.S. retailers make switch to EMV technology

NEW YORK — Retailers this month became liable for credit card fraud if they did not upgrade point-of-sale equipment to accept chip-enabled cards. Chains had to be enabled for so-called EMV (Europay, MasterCard and Visa) cards as of October 1 to avoid liability for fraud. The chip in the cards has a unique encryption code,