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Message
re: Purchases with credit card...Some places “swipe it”, others “use the chip”.
Posted on 12/13/17 at 10:17 am to 10Percenter
Posted on 12/13/17 at 10:17 am to 10Percenter
quote:
The correct answer is that those companies that have switched to chip readers will not be responsible for fraud and the fees associated with it. Smaller companies that have not yet switched will be responsible for the fees. I'm not sure the deadline for the complete switch over. The cost to switch to chip readers are the reason smaller companies haven't yet done so. Its a gamble to convert at this time.
And they aren't even THAT expensive, I just bought some for dad's business, $300 each. It's really silly not to switch over.
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