Chip and Pin vs Chip and Signature

Chip-and-PIN vs Chip and Signature

With the EMV liability shift well under way, you may feel like you can finally stop worrying about how your credit card processing is done and get back to being concerned with the other aspects of your business. However, now that we have moved past the question of chip cards versus strip cards, we now need to tackle the issue of chip and pin versus chip and signature. Which is better and why? Is there a difference in security or merchant liability? If you are a business owner, this is a question that would be beneficial for you to deal with. Let’s take a look. What’s the Difference Between Chip-and-PIN Over Chip and Signature? The best place to start when choosing between these two approaches to transaction processing, is to get a better understanding of their differences. Helpfully, these two options are exactly what they sound like. For starters, chip…

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