Home » News
Filter by category:

EMA Requests Card Networks to Extend Upcoming EMV Liability Shift Deadline

 

Yesterday, the Energy Marketers of America (EMA) along with NACS, SIGMA and NATSO requested that the card networks extend the EMV liability shift deadline for one final time through October 2021 to ensure small business fuel retailers have time to fully comply. EMA recently heard from its state association member companies that major equipment and service providers are booked through this summer for EMV projects. For example, Arkansas retailers are experiencing a six-to-ten-week lead time for EMV equipment to arrive plus another two to three weeks for installation. Rural small business retailers are also experiencing delays due to lack of technicians and equipment. Click here to read the letter.

Due to the COVID-19 pandemic, the card networks extended the deadline from October 1, 2020 to mid-April 2021. Specifically, the AMEX, Discover and Mastercard deadline is April 16th while VISA’s deadline is April 17th. There is no guarantee the card networks will extend the deadline again, therefore, EMA urges retailers to be fully EMV compliant as soon as possible.

Federal







RINAlliance HEALTHAlliance EMC Insurance Seneca Companies LMC Insurance & Risk Management Unified Contracting Services Renewable Energy Group PMMIC Insurance Heartland Payment Systems Altria Cylinder Express Seneca Tank Sinclair McDermott Oil Co Rainbo Oil Company Otter Creek Country Stores, Inc Iowa Renewable Fuels Association Community Oil Company Flint Hills Iowa Lottery Delta Dental Federated Insurance Molo Petroleum McGowen, Hurst, Clark & Smith PC HTP Energy Land Mark Products HollyFrontier Shell Milliman Farner-Bocken Company a Division of Core-Mark Wellmark Cenex Kwik Star Growmark Energy Valero Central Bank Phillips 66
PMCI Facebook PMCI Twitter PMCI LinkedIn
Home   |    About FUELIowa   |    Site Map   |    Privacy   |    Contact Us   |    ©2019 FUELIowa, All Rights Reserved
10430 New York Ave., Suite F, Urbandale, IA 50322-3773   |    P. 515.224.7545   |    F. 515.224.0502
Home
About FUELIowa
Site Map
Privacy
Contact Us
10430 New York Ave., Suite F, Urbandale, IA 50322-3773
P. 515.224.7545
F. 515.224.0502
©2019 FUELIowa, All Rights Reserved