There are two architecture options for deploying EMV, and countless permutations and combinations for your layered security. Also, how many POS terminals do you need? What type of terminals? Before you can think about what vendors and products you’ll be shortlisting, you need to first understand your current state. This phase of the Navigate the EMV Liability Shift blueprint will help you:
- Select your project team.
- Identify internal and external stakeholders.
- Assess your merchant and payment environment.
- Perform a department needs analysis.
- Set your business and technical requirements.
There are card present and card not present transactions you need to consider. The transaction process and ecosystem under each of those circumstances is broad and far reaching. Understand those elements and set the stage for addressing those needs.