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Is EMV DOA in Restaurants?
The global standard for chip-enabled payment cards, known as EMV, promotes a more secure payment infrastructure with lower risk and fraud potential that should benefit the entire payment ecosystem. While a standard in Europe for 25 years, implementation in the U.S. has created a stir as uncertainty and misinformation permeate the marketplace. Steve Barrow, vice president IT for Luby's Fuddruckers, addresses the roadblocks that remain for foodservice to see benefits of EMV implementation.