MAG Calendar

EMV Automated Fuel Dispenser (AFD) Liability Shift

Jun 15, 2020, 12:00 PM - 01:00 PM CST

This webinar provided an in-depth review of the EMV Liability Shift for Petroleum merchants, including callouts on fallback transactions, PIN bypass, and exceptions to liability shift dates. The presenters walked through the various factors that impact liability for both counterfeit and lost & stolen transactions. The presentation also included strategies for minimizing fraud at the AFD, as well as various resources available as you prepare for EMV and the pending liability shift.

This webinar provided an in-depth review of the EMV Liability Shift for Petroleum merchants, including callouts on fallback transactions, PIN bypass, and exceptions to liability shift dates. The presenters walked through the various factors that impact liability for both counterfeit and lost & stolen transactions.
The presentation also included strategies for minimizing fraud at the AFD, as well as various resources available as you prepare for EMV and the pending liability shift.

Learning Objectives:

• Explore the dates for the liability shift that have been impacted by COVID-19 and the exceptions that exist for lost/stolen fraud
• Define fallback and PIN Bypass transactions and learn how they can increase approvals but carry risk
• Label the scenarios where merchants are liable for fraud dependent on the card type presented and the terminal capabilities