How much will a move to Chip & PIN cost?
The cost of becoming Chip enabled will be different for each Merchant depending on your current POS environment. If your Processor supplies your POS device, they may just change or upgrade your POS device. We recommend that you request that your processor work with you to ensure that American Express requirements are included in your POS upgrade. Other costs that you may have to consider may include staff training. If you own your own POS device, and decide to invest in Chip you will likely need to upgrade each POS device for Chip and request that your processor work with you to implement American Express requirements. The cost will vary depending on the type of device that you use. There are also other costs that you will need to consider such as staff training. In our experience investments in Chip are more cost-effective if done once. We are committed to reducing costs of deployment for our Merchants and will support you with your decision. If you are implementing Chip, it is import