What is EMV and why do I need to accept it?
EMV stands for Europay, Mastercard and Visa. It is a global standard for debit and credit cards equipped with computer chips and the technology for chip-card transaction authentication. Due to numerous data breaches and increasing prevalence of counterfeit credit card fraud, U.S. card issuers have migrated to this new technology to protect consumers and retailers, while reducing the expenses of fraud.
EMV acceptance will, as of April 2021, be required for gas stations to be protected from fraud. Fuel distributors and jobbers typically charge very high rates for EMV conversions, so EMV acceptance can be costly. However, NRS PETRO POS, with its integrated NRS PAY best-rate credit card processing, is making EMV acceptance easy and affordable. If you own a gas station – with or without a minimart – the NRS POS is the ideal solution for integrating your pumps with EMV acceptance.
NRS PETRO POS, with its integrated NRS PAY credit card processing, makes EMV acceptance affordable.
If you own a gas station, with or without a convenience store, this is the perfect solution for integrating your pumps with EMV payment acceptance. NRS PETRO POS, combined with NRS PAY credit card processing, helps you organize your business, attract more customers & make more money.