advam parking australia emv update september 2014
TRANSCRIPT
ADVAM’s EMV Rollout
70% Completed
11% In Discussion
54% Completed
18% In Discussion
EMV CAT Upgrades
Contactless CAT Upgrades
Myths of EMV
Myth: Contactless is not required
Fact: MasterCard mandate contactless at all payment locations
Myth: EMV has no benefit to my business
Fact: EMV provides increased security, reduces fraud, increases consumer confidence and has been shown to increase card usage by 10-15%
Myth: There is no deadline for EMV compliance
Fact: Scheme deadlines for EMV compliance are Visa Jan 2014 and MasterCard Oct 2014