Visa Announces ATM-EMV Deadlines

Effective October 1, 2017, liability for ATMs that are not EMV compatible will shift from card issuers to merchants and ATM deployers.

February 07, 2013

LOUISVILLE, KY - Visa announced earlier this week new liability shift dates for EMV transactions that will affect third-party acquirers of ATM transactions, Mobile Payments Today reports.

The liability shift, as featured in NACS Magazine last year, places responsibility for paying out losses to consumers due to fraudulent transactions on machines that are not EMV-compatible to merchants and ATM deployers, rather than card issuers.

The new deadlines are as follows:

  • Effective April 1, 2015, U.S. third-party ATM acquirer processors and sub-processors must be able to support EMV chip data
  • Effective Oct., 1, 2015, liability will shift in Asia Pacific, excluding China, India, Japan and Thailand
  • Effective Oct. 1, 2017, liability will shift in China (excluding domestic transaction), India, Japan, Thailand, and the United States
  • Effective April 1, 2013, liability will shift to all qualifying transactions taking place in Australia and New Zealand
Accordingly, by 2017, Visa will have a uniform global liability policy that encourages chip-on-chip transactions at both the POS and the ATM.
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