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Liability Shift in Credit Card Processing Accounts

Category: BlogCurrent EventsFYI

  If your business takes credit cards, there is an enormous change regarding responsibility for fraudulent activity that will go into effect on October 1, 2015. Currently, fraudulent activity is the responsibility of the card issuing bank or processor. As of October 1, 2015, this will change, and any fraudulent activity that runs through your machines will be your responsibility unless you have updated … More

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