October 2016 is the EMV upgrade deadline for ATMs, but there is more to this upgrade than merely purchasing an upgrade kit, especially if you have an older machine.
An EMV kit contains a card reader and cables, but if the ATM’s software is not updated, it may not be able to support or recognize the new hardware. Therefore, there are minimum AP software requirements otherwise the ATM won’t know there is a card reader present.
If the software is not too old, this is a simple update, but where it becomes more troublesome is if the machine needs to have the mainboard reformatted, reprogrammed and master keys reentered. In some cases, a new machine may be more cost effective and easier than buying an EMV kit and then paying to have it installed and programmed. Know your options and be prepared for the EMV liability shift this fall. Contact a CORD team member to find the most affordable and easiest solution for you.
