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EMV “smartcards” are replacing magnetic-stripe credit cards in the U.S. as the transition to this global standard for secure processing of credit and debit cards based on microchip technology continues.
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Why do I need to be PCI compliant?
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Compliance is mandatory and it’s smart. Businesses that are not PCI compliant are at greater risk for security breaches and are subject to heavy penalties. Noncompliance could be the first step to failure.