Detailed text transcripts for TV channel - MSNBC - 20151003:09:38:00
But in general or october 1st as you said, if you're not emv compliant, you will be 100% accountable. >> how much time is this going to take me? how much money is it going to take me to switch over? >> two components are important. one is an emv reader. which accept the credit card. >> right. >> the second is your point of sale system that works with the reader. if you have those two things, you're set. those who have it have an emv compliant point of sale system. the key thing is to have the reader which accepts the new type of credit cards. the ones that you just slide, those don't work anym...
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