Chip and PIN: Owned POS Equipment

More than 90% of retailer owned equipment is now Chip and PIN capable and any new systems submitted for Streamline approval must now be capable of Chip and PIN.

N.B. By 1st January 2010 ALL terminals must be Chip and PIN capable and the option to accept magnetic stripe only and the fraud associated with it will be removed.

If you are still to adopt Chip and PIN the following documents give advice on how to proceed.

November 2004 Brochure (359k PDF document) /
November 2004 Brochure (38k Microsoft Word alternative)

November 2004 Letter (57k PDF document)

Once you have agreed on your choice of solution, your equipment will need to be tested by Streamline before you can implement the solution across your retail outlets.

If you have not implemented a live Chip and PIN solution before the Liability Shift which was on 1st January 2005 you are liable for any fraud that occurs which could have been prevented had you been able to accept Chip and PIN transactions. See the Liability Shift section for further information.

If you want to understand more about this project please visit the industry website www.chipandpin.co.uk.

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