Even the most tech-savvy business owners are susceptible to credit-card fraud, and even the most secure transaction processes are vulnerable to data breaches. Case in point: Tech Studio in Venice, Calif.
Matt Gay is the operations manager at Tech Studio, a Mac and PC repair shop by the beach. In the video below, he briefly talks about Tech Studio’s credit-card processing system and the upcoming migration to the new chip-and-PIN EMV standard.
While Tech Studio has never fallen victim to a data breach, and their systems represent the best practices for keeping data secure, they refuse to be comfortable. Instead, they are embracing the new EMV system and converting their current, efficient and secure processing to something even safer. Why? Watch the video to find out.
Migrating your systems to EMV processing allows your business to accept chip cards. In the process, it makes transactions more secure and lowers your risk of credit-related fraud. October 1, 2015, represents the deadline to migrate; after October, your company may be liable for fraud costs.