UK and European Businesses Warned of Online Fraud Threat as US Shifts to EMV

Dublin, IrelandGlobal Risk Technologies, a leading technology company specialising in chargeback compliance, is warning online merchants that the rollout of chip and PIN card protection (EMV) in the United States is set to cause a major shift in credit card fraud to card-not-present (CNP) transactions in the UK and Europe.

On 1st October, the US reaches the deadline set for its liability shift to EMV protection on credit and debit cards. From this date, the party responsible for a chip trans ...

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