Our Brave New Credit Card World
March 23, 2015
Payment systems in the United States are undergoing big changes in 2015. This fall, businesses will need to update their credit card terminals to be EMV compliant, or face greater financial risks in accepting credit card payments; however, even ahead of those regulatory changes, mobile technology is already changing the way we pay for things.
First Western Trust’s Senior Vice President, Director of Treasury Management, Steve Shear, wrote an article for the Denver Post discussing the changes consumers are seeing through Apple Pay, CurrentC and EMV credit cards, as well as what they should look out for in the coming months.