Where should retailers spend their payments capex in 2015-2016? The answer would be much clearer if the major card networks allow merchants that opt for a tokenized mobile wallet instead of EMV to avoid the fraud liability shift.
What is EMV? When we travel around and ask that question, both in the industry and out, the answers we most often hear are Electro Magnetic Vault, Or Electronic Master Verification. Of course, what EMV is short for is; Eurocard, MasterCard, Visa, the three card networks that created the acronym. (Eurocard read more