Starting October 1, 2015, businesses that have not updated their credit card processing terminals become liable for fraudulent transactions (currently the processors bear this risk). Intuit reports that while 66% of small businesses use terminals to process transactions, only 52% are aware of new EMV rules. (Read more in my article here).
Did you know? You can hear my radio interviews with small business & entrepreneurship experts on wsRadio.com - listen anytime, 24/7. And, you can live stream my interviews with expert guests! I’m especially pleased to have Ken Blanchard, author of One Minute Manager, join me next week – listen live Tuesday, 6-30, 12p-1pET!