Intuit QuickBooks Point of Sale payments account
Starting August 15, 2016, if you process a counterfeit or stolen EMV chip card using a magnetic swipe card reader using the GoPayment app, online Merchant Service Center or QuickBooks Point of Sale Desktop 12.0, you may be responsible for any chargebacks and fees resulting from the fraud. We encourage you to get the new EMV card reader as soon as possible to reduce your EMV-related fraud losses when processing card-present transactions. If you are a QuickBooks Payments customer and use QuickBooks Online, QuickBooks Desktop (Pro, Premier), QuickBooks Enterprise, or QuickBooks Point of Sale, powered by Revel Systems with a magnetic swipe card reader and you unknowingly accept a counterfeit or stolen EMV card in a card present transaction, Intuit will continue to cover EMV fraud liability resulting from such fraud until further notice.
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