It is not mandated or required
There will be additional costs
Merchants do have a choice but there are some factors to consider:
Are you located in an area were counterfeit or lost and stolen cards are often used in your business?
Do you accept a lot of international cards?
How many charge backs occurred in your business within the last year? What were the reasons for those charge backs?
What is the COST to implement EMV standards in your business and does that cost make sense for your business’s RISK?
Multiple Processing Platforms
Processing Platforms, which allow Gift Card and Credit/Debit transactions through the same encrypted card reader.
Net E pay which is middleware to encrypt the data received from POS Software and securely sends to the processor.
Hardware – Point of Sale Terminals that will work with latest Operating Systems and everything from encrypted card readers to customer facing terminals that allow Smart Card use.
In other words we have everything your business needs to securely process credit/ debit cards for you and your customers.