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EMV: New Card Security Measures Affect Local Business
A change is coming. It’s scheduled to affect every US consumer that uses credit or debit cards, and, in turn, every US business. Three letters, EMV, are fast becoming a part of business owners’ lexicon. With it comes confusion, regulations and, for some Syracuse, NY businesses, opportunity. What Is EMV? EMV stands for Europay, MasterCard and Visa, the three companies who originally created the chip-based card reading technology. An example of cards that meet this standard can be seen below. …