TNS EMV/MNSP Solution

If You Don’t Upgrade for EMV Compatibility You Could Lose $207,000

The deadline to upgrade outdoor payment terminals to EMV CHIP compatibility is coming. An extension was granted to gas stations but will expire in April 2021. When it does, liability for fraud will shift from banks and card companies to the fuel and convenience retailers.

Mercator Advisory Group estimates the liability risk at the pump for owners of a dozen sites could easily exceed $200,000 in the first year alone.

April 2021 may seem like a long time away, but waiting until the last minute may be a bigger risk than delaying further. It is a complex undertaking but TNS can help.

Learn what’s at stake for your bottom line. Our new calculator tool will help you determine how much money is at risk for your business.

How Much $ Could You Lose?

Calculate Your Potential Cost

The Risks of Failing to Upgrade for EMV Compatibility

  • Fraud may rise. As more retailers accept EMV chip cards, retailers who don’t may be targeted by counterfeiters and other bad actors.
  • Customer trust will erode. Customers are more likely to switch to retailers with newer and more secure machines.
  • In-store sales will be missed. Upgraded AFDs and payment readers provide more chances to entice in-store products.
  • Delays are possible. As we get closer to the April 2021 deadline, installers may get backed up with orders, and retailers may experience delays.

Countdown to the EMV Compliance Deadline—
It Will be Here Faster Than You Think

Providing Global Payments Solutions, One Country at a Time

TNS has offered a broad portfolio of commerce solutions for 30 years, working with companies to help them provide everything from ATM connectivity to managed processing. We work with some of the world’s most prestigious financial institutions, POS ISOs, ATM deployers and transaction processors.

TNS EMV/MNSP Solution

Details of your local TNS representative can be found on our contact page

 

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Watch and Learn—View Important Webcasts and More

What Your Consumers Want: Our Pay-at-the-Pump Consumer Survey Highlights

Hear How Businesses Who Delay EMV Upgrades Risk Losing $100,000s

Learn What the Liability Impact Could Be if Your AFDs are Not EMV Capable

What Installers Need to Know About Upgrading AFD Equipment for EMV Compatibility (INSTALLERS ONLY)

Now is the Time for Fuel Merchants to Upgrade to EMV Card Acceptance

Check Out Our Latest Blog Posts

The EMV Liability Deadline Looms Large: Is Your Gas Station Ready? The Time is Now: Upgrade Gas Station Equipment for EMV Compatibility The New EMV Liability Shift Deadline: An Opportunity to Upgrade to Better Payment Connectivity Solutions For Fuel Retailers, the Liability Shift for EMV Compatibility Could Cost Big Bucks
Sign Up to be Notified of Upcoming EMV Upgrade Webinars

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TNS Newsroom

TNS Recommends Gas Station Equipment Upgrades for EMV Compatibility The Liability Shift for EMV Compatibility Could Cost Gas Retailers Big, Mercator and TNS Find Fuel Retailers Must Act Quickly on EMV or Incur Sizable Costs, According to Upcoming Mercator and TNS Webinar The New Deadline for EMV Liability Shift Is an Opportunity to Upgrade to Better Payment Connectivity Solutions, According to TNS

EMV Upgrade Information Center

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EMV Upgrades Made Easy: The Benefits of a Turnkey Solution

What do the EMV Upgrade Rules Mean for Gas Stations?

TNS Survey Identifies High Demand for Pay-at-the-Pump

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