By: John
I hope Visa clarifies themselves before folks get trigger happy. •At least 75% of the merchant’s transactions must originate from dual interface EMV chip-enabled terminals Does this mean that if all my...
View ArticleBy: PCIGuru
No, Visa requires that 75% of your transactions are EMV. I think their wording was not as accurate as it could have been.
View ArticleBy: John
based on your “visa is upset” article, it seems that the customer does not have to be using chip and pin ….err EMV enabled cards to qualify for the exemption.
View ArticleBy: PCIGuru
Exactly. Like what I said, what is the benefit to the merchant to spend tons of money to swap out terminals? Oh, I do not have to do a ROC. Wow, I spend millions to save a few thousand. There’s ROI –...
View ArticleBy: Yasen
@PCIGuru, in reference to your September 7, 2011 at 7:28 AM post: Your comment that there’s little ROI because a ROC only costs a few thousand dollars seems a little nearsighted. PCI does not cost a...
View ArticleBy: PCIGuru
Visa’s program announcement implies that EMV/contactless alleviate the security risks, but they do not alleviate the risks, they just change the risks. This is what drove merchants nuts at the...
View ArticleBy: Harald Nekvasil
When I use my EMV card on my (European) bank’s ATM it does additional checking of the card using card’s chip – and not just reading the data from the mag-stripe. The mag stripe is there to support the...
View ArticleBy: PCIGuru
Sorry to burst your bubble, but the vast majority of ATMs in the world, even in Europe, do NOT have EMV readers, they work only from the magnetic stripe. The reason is that they must do this in order...
View ArticleBy: Peter Teoh
Is there any limit on the size of merchants eligible for the TIP PCI validation waiver, i.e., are Level 1, 2, 3, 4 merchants all eligible if they fulfill the other requirements?
View ArticleBy: PCIGuru
The technology innovation program (TIP) is a Visa program. So while you can go through it and Visa will allow you to avoid an assessment, if you accept MasterCard, American Express, Discover or JCB,...
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