Posted by Editor on May 16, 2015
-ATMs are an important component of the move to EMV payment technology, commonly known as “chip” payment technology.
Migrating to EMV is a large and challenging project.
Customers will need to be re-trained. Having learned over the years to “dip and retract” their magnetic stripe cards. Because most ATM EMV readers incorporate a “latch” mechanism, premature card removal may cause rejected transactions, card reader wear and customer frustration.