The transition to Europay, MasterCard, Visa (EMV) standards:
Significantly reduce your risk of payment card fraud with a complete EMV solution – inside & out.
The fuel industry is undergoing some major retail changes. North American banks and credit card issuers are officially transitioning to EMV global standards in order to help reduce counterfeit payment card fraud. The increased protection that EMV provides has allowed payment networks to shift liability of counterfeit payment card fraud to retailers that don’t implement EMV. Our EMV Solutions are engineered to make your transition to EMV as easy and cost-effective as possible, with solutions that provide value far beyond meeting EMV compliance. With our EMV Solutions, you can maintain a low cost of ownership, protect your investment, and grow your business well into the future — all while helping prevent major financial losses.
What you need to know:
- EMV is the global standard created by EuroPay, MasterCard, and Visa to securely authenticate credit and debit card transactions.
- According to Convenience Store News, fuel retailers lost more than $250 million to credit and debit card fraud in 2014.
- EMV helps reduce counterfeit payment card fraud.
- To be compliant with payment network EMV requirements, fuel retailers are encouraged to upgrade indoor POS software and hardware by October 2015, and outdoor pay-at-the-pump equipment by October 2020.
- Implementing both indoor and outdoor EMV technology by their respective deadlines will help minimize disruption, defer costs, and reduce site downtime.
Make the transition to EMV easier with Wayne EMV Solutions.
Wayne Fueling Systems from Mid-State Petroleum is your choice provider for implementing the improved security of EMV standards. Our complete Wayne EMV Solutions are dedicated to helping fuel retailers navigate the complexity of regulatory EMV changes and prepare for the counterfeit payment card fraud liability shift as easily and cost-effectively as possible.
Wayne’s one-provider solution offers a comprehensive line of indoor and outdoor hardware, software, and services; an expert team of distributors to assess areas of opportunity and provide the best course of action for the EMV transition; and a lower cost of ownership by building upon intelligent, future-proof technology.
The payment card fraud liability shift is quickly approaching, and Midstate can help make sure you’re ready. Work with us to implement EMV in a simple and cost-effective manner.
Build your system on proven technology.
The Wayne Fusion site automation server enables EMV transaction security and electronic payments indoors. Plus, the Wayne iX Pay secure payment platform allows for a smooth transition to EMV due to simple, cost-effective upgrades via a la carte reader kits. Conversion to EMV may also be as simple as replacing the existing mag-stripe reader with a hybrid chip reader and completing an application software update whenever your POS and network are ready.
Watch this short video to learn more about the Wayne iX Pay™ T7 Secure Payment Terminal:
EMV Expense Calculator
Want to figure out how much upgrading to EMV-ready equipment will affect your bottom line? Fill out our EMV Express survey for an instant estimate: