Description: TFHC, Inc. DBA Cardservice-Today.
Credit Card Processing Merchant Accounts Point-of-Sale Equipment
EMV is a micro-chip payment standard created by E uropay ® , M asterCard ® , and V isa ® over 10 years ago and has been implemented globally. EMV payment cards improve security over magnetic stripe technology through an embedded computer chip.
In October of 2015, liability for counterfeit fraud transactions shifts from the financial institution to a merchant if the merchant does not accept EMV transactions.