Important Update: Verifone Software approved for Potential EMV Contactless Fraud at Petroleum Convenience and Fueling Locations

Verifone has recently identified a potential fraud risk involving EMV contactless credit card transactions across multiple industries, including petroleum, and fueling stations. The fraud scheme exploits a vulnerability in which a compromised digital wallet processes transactions as offline, meaning they are approved locally without being sent to the host for authorization.

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Reminder: Credit Card Rate Adjustment

At the end of September, CHS Payment Solutions mailed out notices announcing a credit card rate adjustment which went into effect November 1, 2024. As a result of the continuing trend of credit card brands increasing their rates, CHS made a slight adjustment to our credit card processing rates in November.

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