3 Easy Steps to Prepare for an EMV Upgrade at the Pump
Is your gas station ready for the EMV migration? If you’re not sure, now is the time to prepare. EMV is quickly becoming the norm, and unless you’re prepared, you’ll face major consequences. In this article, we’ll outline what you need to do to be ready for the EMV upgrade and how you can minimize the risks involved.
Step 1- Understand Why the EMV Upgrade for Gas Pumps is Necessary
The EMV upgrade is a major security update that is currently being rolled out by most banks in the U.S. As this update is implemented, all cards will need to be updated to ensure that the cardholder’s data is protected. To ensure a smooth transition and protect your data, it is important to review the equipment that you are currently using and make sure that it is compatible with the EMV upgrade. Below are some of the most common devices that are used for financial transactions
Step 2- Plan for the future of payments
The EMV upgrade is a big deal, for payments now and into the future. The EMV upgrade is about more than just chip card acceptance and also enables future mobile payment options, and other contactless payment options including NFC payments. This means that you’ll be able to use your phone to pay for things without having to take out your credit card. This is a big step forward and will make in store and online shopping easier and more secure for your loyal customers. So, if you’re planning on doing a lot of selling in the years to come, make sure that you’re prepared for the EMV upgrade.
Step 3- Take inventory of the equipment you already have
It’s time to prepare for the EMV upgrade! By taking inventory of the equipment you already have, you will be able to determine which types of payments are currently supported or not supported by your gas pump model and point of sale system. This will help to minimize the disruption and chaos that is usually caused by upgrades. Additionally, by understanding the capabilities of your current point of sale system and gas pump model, you can make informed decisions about how to navigate an upgrade. By doing this, you can ensure a smooth and trouble-free EMV experience for both you and your customers! If you need assistance assessing your equipment, our team at Gas Station Tech is here to help.
Take Action; We Are Here to Help
As the United States EMV deadline for the fuel industry officially passed in April 2021, many branded and unbranded gas stations are scrambling to figure out what this means for them. Many worry about the cost associated with the EMV upgrade and the risk of failing to implement a successful upgrade project. Luckily, we at Gas Station Tech are here to help! With many options ranging from prefabbed EMV kits, both new and refurbished pumps, in addition to a variety of other available options, we at Gas Station Tech have what you need to complete your EMV Upgrade Project successfully. Let us manage your project and recommend multiple options to meet your needs.
Why you Need Gas Station Tech to Manage Your Gas Station Project
Organizing Makers, Shakers, Bakers
Contact Gas Station Tech today for a free consultation!