
This is the perfect time for an external account review by a payments expert. Terminals are one of the most important factors determining rates you pay and chargeback risk.
#EMV CREDIT CARD TERMINAL INSTALL#
Note, only employees and PCI QIR certified individuals can install or touch your credit card terminals. And when something goes wrong, phone calls to processors explode, so change is usually not as swift as you’d like. How disruptive would it be for your business to have to shut down using them and get another solution? There are always people who procrastinate making changes. If security vulnerabilities or exploits are identified by processors after April 2021, and you’re using the terminals, who’s to say when or even if a solution could be found to fix it? I’d be concerned about liability and the ability to prove PCI compliance, especially in the event of a data breach. Research expiration dates of terminals on the PCI Council web site. However, in our experience, between payment brand and acquirer requirements, merchants generally need to use only approved PTS devices or risk getting shut down. PCI PTS v5 expires April 30, 2026.Īre merchants PCI Compliant if they continue to use PCI 3 terminals after April 2021? The PCI Council urges but does not mandate merchants use approved PTS devices in their payment environments.

( PCI) PIN Transaction Security ( PTS) v4 expires April 30, 2023. Ingenico isc250 What does End of Life mean? ( PCI) PIN Transaction Security ( PTS) v3 expires April 30, 2021.

This has not stopped companies from selling them, however, due to the PCI PTS expiration in April 2021, merchants who use them would not be able to prove PCI compliance in the event of a data breach.ĭid you know terminals have their own Payment Card Industry or PCI certification? The standards are part of the overall merchant requirements to maintain the security of cardholder data.

Ingenico announced end of life for the ISC 250 with PCI PTS v3 and v4 in March of 2019.
