SBA Reporter – are you prepared for chip card technology switch Oct. 1?


EMV chip card

Prepared for the Chip Card Technology Switch? Attend Free Webinar Aug. 26

Did you know that an important shift is occurring with card payment technology that will most likely impact your business?

Most small businesses are now required to switch from traditional stripe card readers to card readers that require chip card readers, and those business owners will be more often than not be required to purchase the equipment on their own.

Keeping up with the newest, most secure card payment technology is very important for small business owners. That’s why SBA has teamed up with Square to help small businesses navigate the upcoming transition from magnetic stripe to chip card technology (also known as “EMV” – for Europay, MasterCard, and Visa).

     EMV 101: What Small Businesses Need to Know
     About the Switch to Chip Card Technology
     Wednesday, August 26
11 a.m. to 12 p.m. PT
Registration is free, but required

Participants will learn:

  • What the transition to EMV chip card technology means for small businesses
  • What EMV chip card technology is and why it’s more secure
  • How to prepare for new fraud liability rules impacting merchants beginning October 1