Author: Todd Becker, PCI QSA, ISO 27001 Auditor
‘Chip and PIN’, or EMV (“Europay, MasterCard, Visa”), is an open-standard set of specifications for smart card payments and acceptance devices and is a popular topic these days with HALOCK’s PCI clients. EMV is not a PCI requirement. However, there is a ‘liability shift’ in October 2015 that impacts brick and mortar merchants that accept credit cards (i.e. all of them). With this in mind, it is important to understand that EMV and PCI are complementary in their relationship, rather than being interwoven. We will explain below.