CLEAN : US sellers become liable for fraud unless swap to chip & pin (2)

The video tutorial discusses the introduction and usage of chip cards, specifically EMV cards, in the United States. It highlights the migration to EMV technology, which began on October 1st, and explains the liability shift for counterfeit card fraud. The tutorial also covers the scale of the migration, with 1.2 billion cards and over 6.5 million merchant locations affected, emphasizing the importance of upgrading to new terminals to prevent fraud.

What are EMV cards and how do they enhance transaction security?

What challenges are associated with the reissuance of credit and debit cards in the U.S.?