The EMV mandate is about to roll out in just a couple months, but will you be ready for it?  EMV, which stands for Europay, MasterCard and Visa is a fast growing chip technology that is quickly becoming the global standard for credit card and debit card transactions.

The US is actually one of the last countries to put this into effect, but October is the deadline for all card issuers and retailers to adopt this new technology or they will be liable for all fraudulent activity. This tiny chip in your card protects against fraud for card-present transactions and it will now be impossible to counterfeit a card.

Check out this powerpoint for a full overview of the EMV mandate.