Raymark customers in Canada are more than ready for the chip and pin liability shift

For the past year Raymark has worked closely with Canadian clients using Raymark’s store operations and epayment processing solutions to ensure they will be EMV - chip and pin compliant by the October 11, 2010  deadline, later extended to March 31, 2011. Early in 2010 Raymark provided consultations to inform customers using Xpert-Series™ and Xpert-ePayment™ of the anticipated certifications and changes they would need to make to be EMV compliant for the initial October 2010 deadline, at which time the liability for fraudulent transactions will shift to merchants that have not implemented Chip & PIN devices.

Raymark worked with bank processors used by our clients and strived to achieve compliance crucial for retailers. Raymark migrated its clients and completed all EMV obligations before the initial October 11, 2010 deadline. Raymark customers can rest assured that they are compliant with the new standards as provided by Raymark’s partners and solutions. Meeting the deadline without delay allowed Raymark to deploy, train and mentor all levels of staff and resources leading up to  the March 31 deadline.

For more information on Raymark’s EMV compliant solutions contact Raymark: info@raymark.com. You can also view the following information regarding Visa Canada  and MasterCard Canada and refer to your merchant bank for their specific validation requirements and deadlines.