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EMV At The Dispenser – Why Act NOW

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Presentation on theme: "EMV At The Dispenser – Why Act NOW"— Presentation transcript:

1 EMV At The Dispenser – Why Act NOW
Steve Van Vlack Business Development Manager Dover Fueling Solutions

2 Who We Are

3 Why Act NOW? Increased Prices Skimmers Technician Availability
Early Adopters New Technology

4 Skimmer Attacks Increasing At Alarming Rate

5 EMV Readers Deter Skimmers
Data Security Detects unauthorized removal Encrypts mag card and chip data If skimmer attached inside dispenser, no useful data Designed for Security Flush mount deters external skimmers Lighted pad lock indicators alerts team member of possible tampering Thieves will recognize horizontal card reader and move to another location

6 Increased Costs Standard price increases of 3% - 4% year
Worldwide demand creating price increases in electronics Tariffs continue to add costs Shipping costs continue to rise Technician costs will continue to rise

7 Technician Availability
350,000 – 380,000 dispensers need replacement or upgraded If everyone started today, could not finish on time Those who wait risk absorbing chargebacks

8 Don’t Lose Customers to Early Adopters
Many major retailers rolling out EMV Consumers are aware of security advantages Those that wait risk losing customers

9 Take Advantage of Mobile Payment
Secure Transaction Reduce Maintenance Costs No moving parts, no wear and tear on chip card reader Actual card data never exposed Savvy customers seek more secure transactions Speed Increase Revenue Fastest transaction Supports current mag stripe and EMV contactless protocols Millennials seek new payment technologies Same group has highest average c-store transaction

10 Steve Van Vlack Business Development Manager Dover Fueling Solutions
Q&A


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