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As of October 2015, the fraud liability shift, also known as the EMV liability shift, moved the liability for fraud from the banks to the POS (point of sale) devices. This means that you, the merchant who accepted the credit card, can now be liable for the fraud of that card if you are not using EMV technology.
To protect your customers and your business, stop swiping cards and instead switch to EMV chip readers. WPS makes this simple. We set up companies with the POS equipment and training they need to accept EMV payments. Protect your company and your customers today with POS systems that include EMV chip readers.