President Biden announced important changes to the PPP, including a two-week window for businesses with fewer than 20 employees.

Migration to EMV Chip Card Technology and Your Small Business

U.S. credit card companies are making the transition from magnetic stripe technology to cards with chips. Chip cards are payment cards that have an embedded chip, offering increased security when your customers use the chip to pay in store.  Chip cards are based on a global card payment standard called EMV, which stands for Europay, MasterCard and Visa, currently used in more than 80 countries around the world.  The United States is now in the process of making the migration to EMV technology.

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Additional Resources

  • To learn more about the EMV transition and new liability rules, view this video presentation.
  • The Smart Card Alliance, a not-for-profit multi-industry smart card advocacy association, has developed online resources for all industry stakeholders on the status of EMV migration.  Visit to learn more.