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#48 EMV Implementation Extension—But Don’t Put Off Upgrades

#48 EMV Implementation Extension—But Don’t Put Off Upgrades

FromConvenience Matters


#48 EMV Implementation Extension—But Don’t Put Off Upgrades

FromConvenience Matters

ratings:
Length:
23 minutes
Released:
Dec 22, 2016
Format:
Podcast episode

Description

Those new “chip” credit card readers that are seen inside some retail stores may not be coming to your local gas station as soon as originally planned—the implementation date to require something known as EMV at gas pumps was extended from October 2017 to October 2020. This announcement is particularly beneficial to the fuel retailing community. What does this implementation date change mean for small and medium-sized retailers that comprise 80% of the convenience and petroleum retail market—and how does this affect your fill-up? The hosts discuss how the new implementation date for outside EMV affects retailers—and their customers.
Released:
Dec 22, 2016
Format:
Podcast episode

Titles in the series (100)

Whether it’s for food, fuel, drinks or snacks — about half of the U.S. population is at a convenience store every day. We sell 80% of the country’s fuel and we are 4% of the total U.S. economy. We’ll talk about what we see at stores — and what the future may hold — as long as it’s convenient.