American Express (Amex) and Discover Global Network (DGN) have announced the extension of deadline for implementing EMV chip card payments at millions of automated fuel pumps across the US until 1 October 2020.
The extension will give fuel merchants sufficient time to upgrade their automatic fuel dispenser systems to accept EMV chip cards.
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The recent announcement by Amex and Discover Global follows a similar announcement made by Visa and MasterCard.
As per the announcement, the US fuel merchants would be held liable for fraud chargebacks starting October 2020 that result from payment transactions performed at automatic fuel dispensers if they have not enabled these devices to accept EMV chip cards.
American Express senior vice president of global network business Jaromir Divilek said: “American Express is committed to helping merchants fight fraud and supporting their efforts to manage the costs of upgrading to EMV.
“US fuel merchants face unique circumstances, including complexity of the hardware upgrade and the process involved in making the updates necessary to accept EMV chip cards at automatic fuel dispensers.
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By GlobalData“We want to ensure these merchants have the time necessary to work through this process so they can upgrade their systems to accept EMV chip cards and enhance their security.”
