Retailers have three extra years to become compliant.
Mastercard and Visa are changing the automatic fuel dispenser liability shift date from October 2017 to October 2020. This decision applies only to automated fuel pumps.
In a press release, Mastercard noted, “EMV compliance for fuel merchants with Automatic Fuel Dispensers brings significant regulatory and implementation challenges. Over the past months, we have had extensive discussions with fuel merchants, issuers, acquirers and other stakeholders regarding these unique challenges.”
“We are committed to EMV chip technology as the best and most effective solution for combating counterfeit card fraud. It is a priority for Mastercard to ensure consumers can confidently shop anywhere, any time. We will be working closely with our fuel partners, station owners, industry associations and third-party vendors to ensure a smooth transition to EMV.”
