New Credit Card Chips Will Strat to Effect Business Security System Registers
If you own a business that runs all sales through a check out point, or ends a transaction with the swipe of a card, there is a change to be made by October 2015. EMV credit card technology is pushing full force ahead with new requirements to update all current credit card terminals to the new processors which are able to be used with EMV credit card chips. The magnetic strips on cards have become too easy to replicate, and new solutions have been designed to allow a safer transaction with reduced fraud risks.
The requirement is not exactly how it seems as businesses will not be punished for avoiding the switch, but if they have not transitioned to new EMV technology by October, they will be opening themselves up to the liability of credit card fraud, and will have no protection. It’s a risk some small businesses are willing to make, but having an efficient business security system should provide the highest priority for business owners.
Smart Security Camera has over a decade of experience in installing and servicing any type of business security system, and register security is one of their specialties. They are able to offer a solution for those struggling with the new systems, especially for restaurants and large retail stores. It can be quite a challenge to replace and integrate the credit card terminals for certain industries, so calling up a professional can be a smart solution.
Making the Choice
Some owners are putting off the switch due to lack of funds, but with the threat of credit card fraud, the decision to transition should be easy. If an industry just recently replaced their business security system, then that could be a sufficient reason to avoid making the change, but beyond that, they need to update the hardware and software, and training needs to be incorporated as well for the employees. Use a business security system from a certified technician to ensure you have the proper items installed, and verify that you will be covered under the new mandates.
Dealing with credit card fraud is not an easy thing for businesses to recover from, and once the requirements have set in, there will be little wiggle room for any industry. Don’t let the burdens of budget and lack of technical knowledge be the reason why your company didn’t transition. Use a qualified business security system company, such as Smart Security Camera, who can update more than just the EMV credit card terminal. Look into other solutions such as monitoring and recording of the traffic through the counter to grab footage of the traffic, and use for evidence in the case of any fraudulent incidents. You can get not only the information from the credit card fraud, but also video evidence of the event’s occurrence.
With the many worries a business owner may have, especially small businesses, look to the professionals for your business security system needs to guarantee a proper outcome that won’t cost your company in the long run.
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