![]() ![]() However, you can avoid these EMV non-compliance penalties by implementing an EMV compliant hardware and software point of sale solution so you protect yourself and your customers from fraud and hassle. Depending on the payment service provider, this could be a monthly or annual fee, a flat rate or a percentage.īecause EMV is a security standard put in place to protect the merchant services company from liability from the credit card companies it is entirely justifiable to offset this cost by charging you an additional fee. Your merchant services company will likely be applying an additional () to your statement.
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