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New Chip Technology
Mandates Need for New
Credit Card Terminal
New credit card security policies will mean you need
to be compliant with an EMV chip reading terminal.
The acronym EMV stands for European Master Visa.
This is a standard practiced in Europe for some time
which helps stem credit card fraud. Here in the US,
we are just now starting to replace the magnetic strip
you see on the back of your credit card. These mag-
netic strips are easy to manipulate, copy and dupli-
cate which can lead to fraud.
These chips are not easy to ma-
nipulate and far less susceptible
to fraud. If, by October 2015, you
do not have a chip card read-
er YOU, not the bank, will pay for
fraudulent cards accepted; previ-
ously, the bank absorbed that
cost.
That being said, there are some options other than
spending five hundred dollars for the new machines
which many companies are charging. Now is the time
to review your overall credit card practices. ARA's rec-
ommended processor, TSYS Merchant Solutions, can
help. Call Paul Niss toll free at (888) 356-0001 to dis-
cuss your options.
Appeals Court Halts
EPA Water Rule Nationwide
The
AP(10/9, Flesher) reported that a three-judge
panel of the 6th US Circuit Court of Appeals on Friday
“blocked” the Environmental Protection Agency from
implementing a provision of the federal Clean Water
Act that “attempts to clarify which small streams, wet-
lands and other waterways the government can shield
from pollution and development.” The judges’ 2-1 vote
“put the regulations on hold nationwide” until the full
court in Cincinnati rules on “whether it has jurisdiction
to consider lawsuits against them.” The EPA and the
Army Corps of Engineers, which jointly promulgated
the Waters of the United States, or
WOTUS, rules, “said in a joint
statement that they respected the
court’s decision and looked forward
to defending the rule,” the AP says.
Reuters(10/9, Rascoe) noted that
the WOTUS provisions were final-
ized in May and quickly drew legal
challenges to their implementation. The two 6th Cir-
cuit judges wrote in their majority opinion that issuing
a stay of the rules “allows for a more deliberate deter-
mination whether this exercise of executive power ...
is proper under the dictates of federal law.” The story
noted that a federal district court in North Dakota had
already issued a preliminary injunction against the
rules in August, although that applied only to the 13
states that sued to block WOTUS.
The
Washington Times (10/10, Dinan, Wolfgang) de-
scribed the decision as “a major blow” to the Admin-
istration, “undercutting the EPA’s push to try to carry
out the rule in the rest of the country.” The Times ex-
plains the majority criticized the EPA’s rule-making
process “was ‘facially suspect’ because the agency”
failed to open it to public comment and “also said
there is no proof that American waters will suffer sig-
nificant harm if the rule is put on hold.”
Thanks Tom Snyder, Snyder Auto Body, Clarinda,
Iowa for the submission!
ARA Updates
Industry news from the national association
Page 22
Recyclers News Press