Riverside Bank, A Division of Salisbury Bank and Trust Company is Offering a Free Seminar on EMV Chip Card Technology
July 31, 2015
Riverside Bank, A Division of Salisbury Bank and Trust Company is offering this free seminar on what business owners need to know about EMV Chip Card Technology.
Are you prepared for the EMV Conversion? EMV (Europay, MasterCard® & Visa®) chip card technology is becoming the global standard for credit card payments. Merchants will need to upgrade to EMV enabled credit card processing terminals in order to accept these chip cards and further enhance fraud protection. Traditionally, the card issuer has assumed risk and liability for fraudulent transactions. Effective October 2015, the party, either the issuer or merchant, who does not support EMV, assumes liability for counterfeit card transactions. The term “issuer” refers to banks, credit unions, and any other financial institution issuing credit or debit cards.
Introduction to the credit card payments industry.
What is EMV and why the conversion to PIN and chip technology?
Understanding EMV transaction processing and the implications of this new liability shift.
Using best business practices for credit card processing and fraud prevention.
How will your current provider prepare your business for EMV?
Presenter Joseph A. Santoro is the Chief Operations Officer at East Commerce Solutions, Inc. Joseph joined as Executive Vice President of Sales in 1999 and was elected to the Board of Directors in 2001. In 2009, he assumed the responsibility of Chief Operations Officer overseeing operations and emerging markets for growth and expansion.
Please join us on Wednesday, August 12, 2015, at 5:30 p.m.
Riverside Bank, A Division of Salisbury Bank and Trust Company
11 Garden Street
Reservations are suggested, but not required. For reservations, please contact Kevin Norton by calling 860.435.9801 x1010 or emailing at knorton at salisburybank dot com and type “EMV” in the subject line.
Salisbury Bank is a full-service community bank headquartered in Lakeville, Connecticut and presently operates full service branches in Canaan, Lakeville, Salisbury and Sharon, Connecticut; Great Barrington, Sheffield and South Egremont, Massachusetts; as well as Dover Plains, Fishkill, Millerton, Newburgh, Poughkeepsie, and Red Oaks Mill, New York. The Bank has been serving families and businesses for over 160 years and offers a full range of consumer and business banking products and services as well as trust and investment services.