ATM Compliance

ADA Compliance for your ATMs

Important Information for ATM owners

March 2012

Compliance deadline to adopt 2010 Americans with Disabilities Act (ADA) Standards.

April 2013

Counterfeit fraud liability shifts to ATM transaction acquirers that do not accept EMV chip cards for Maestro inter-regional transactions as reported by MasterCard. All POS and ATM Maestro acquirer processors must support EMV transactions, according to MasterCard and VISA.

April 2014

ATMs purchased and installed or moved after this date will require a current EPP to be PCI compliant. Some situations are grand-fathered in and will require a more thorough assessment. Also, Microsoft ends support for Windows XP; ATM software should be migrated to Windows 7 in order to remain PCI compliant.

April 2015

All ATM acquirer processors must support EMV transactions, according to VISA.

October 2015

Counterfeit card fraud liability shifts to transaction acquirers that do not accept EMV chip cards at US POS terminals, according to MasterCard and VISA. This means non-EMV ATMs will be charged back for card fraud when a customer’s EMV card “falls back” to magnetic stripe.

October 2016

Counterfeit card fraud liability shifts to transaction acquirers that do not accept EMV chip cards at US ATMs, according to MasterCard.

October 2017

Counterfeit card fraud liability shifts to transaction acquirers that do not accept EMV chip cards at US ATMs, according to VISA.There is well over a billion dollars a year in card fraud loss in the US alone with MasterCard and VISA. They have decreed that any participants in the payment chain who disagree and who fail to upgrade will begin paying their share of this loss.

Don’t be one of the unfortunate few that fail to act on ADA, PCI or EMV compliance mandates and deadlines. Ignoring the mandates will not help as they will eventually lead to liability shift claims, lawsuits and red flags during audits and exams.

Call Absolute Financial today to assess and assist you with all of your ATM compliance needs.