Conexxus in the News

What Now? Five Tips for Petroleum Retailers to Navigate New EMV Deadline

Monday, May 11, 2020

If a retailer has yet to make the transition to EMV, the cost to upgrade might be a major factor in the delay.  Conexxus estimates upgrade costs to run up to $7,000 per pump (more if a total replacement is necessary) — a huge investment in technology that operators feel won’t drive sales, leading many to take a “wait-and-see” strategy on the shift. However, the cost of not making the transition is steep and holding off on upgrading can be a far greater threat to the bottom line.....

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Will the New Outside EMV Deadline Matter?

Monday, May 04, 2020

Visa has delayed the outdoor EMV liability shift deadline for fuel retailers. However, the six-month delay—from Oct. 1, 2020, to April 17, 2021—does not meet the request originally issued by several fuel industry associations.  The associations made the request because the winter months leading to spring will bring new difficulties for retailers trying to reach EMV activation outside, said Linda Toth, director of standards for Conexxus.....

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COVID-19 and EMV Video Discussion

Wednesday, April 22, 2020

Video interview with Conexxus' Linda Toth and CSP's Jackson Lewis on the impacts of COVID-19 and the Oct 2020 EMV deadline; interview with Linda begins at the 11 minute mark.  "Convenience stores provide essential services to our community... and they are trying right now just to keep their businesses open, keep things stocked on the shelves and make sure there is fuel supplied. In the midst of all of this, many retailers were in the middle of their EMV Rollout"  .....

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What to Do If You're in EMV Compliance Limbo

Tuesday, March 03, 2020

“The biggest message I have for merchants on the fence is that the risk is real, and as more and more stations become compliant, the bigger piece of that fraud pool you will be responsible for, and that cost will become huge — and may be more than the operating profit,” Linda Toth pointed out. “It’s something retailers really need to take a look at now." .....

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Conexxus & International Forecourt Standards Forum Partnering to Create Standard APIs

Thursday, February 27, 2020

Conexxus and the International Forecourt Standards Forum (IFSF) launched a joint initiative aimed at creating standardized application programming interfaces (APIs). The move will reduce the time to market, development cost and maintenance overhead of digital transformation. According to Conexxus, it is a key strategy for competing in the increasingly digital landscape of convenience retail.....

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High-Tech Takeout

Thursday, January 23, 2020

How mobile devices, AI and other technologies could upgrade foodservice.  If this future is possible, how do we get there? Gray Taylor, executive director of Alexandria, Va.-based Conexxus, says the key is mobile. “The mobile device is going to be the center focus for the foreseeable future looking 10 years out,” Taylor says. Foodservice has already started transitioning to this new reality.....

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Bllomberg: U.S. Gas Stations Rush to Adopt Chip Cards After Failed Bid to Delay Deadline

Tuesday, January 07, 2020

Gas stations around the U.S. are rushing to upgrade fuel pumps to accept credit and debit cards with chips after Visa Inc. and Mastercard Inc. rejected a request to delay a looming deadline to complete the work.  Beginning in October, station operators that haven’t modernized their pumps will face liability for any card fraud.  In a 2019 survey by Conexxus, more than half of participants cited a lack of available software for not having chip technology fully deployed, while about 15% pointed to a shortage of hardware.....

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NACS Daily: Don't Expect Another EMV Extension

Wednesday, December 04, 2019

For fuel retailers, the deadline for readying automated fuel dispensers (AFDs) to be EMV-payment compliant is less than a year away, and Conexxus research shows that many businesses lag behind in making the move. Although the major credit card companies pushed back an initial 2017 deadline to October 2020, the Merchant Advisory Group (MAG) warns retailers that another extension isn’t in the works......

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US Payments Forum Releases Guidance for Streamlining EMV Certifications at the Fuel Pump

Thursday, October 31, 2019

Testing and certification have been cited as one of the biggest challenges for EMV chip implementation at the automated fuel dispenser (AFD). With the AFD fraud liability shift slated for October 2020, 

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NACS – PEI 2019: What is the real price of fuel?

Thursday, October 24, 2019

Petro Plaza speaks to technology companies (including Gray Taylor of Conexxus) at the NACS Show and PEI Convention 2019 to discuss their fuel pricing technologies, new services and the state of the market.

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