Legislation

California senate puts off bill to require EMV equipment for merchants

EMV Credit CardLegislation that would require merchants in the state of California to implement EMV technology was set aside on Monday at the request of the bill’s sponsor.

The bill, S.B. 1351, would have required California vendors and retailers to implement EMV processing equipment by April 2016. It would have also required that 75 percent of replacement or reissued payment cards be equipped with EMV technology.

California State Sen. Jerry Hill (D), the bill’s sponsor, requested that the legislation be placed on the inactive file, though the state senate may return to the legislation at a later date.

The legislation faced opposition from various trade organizations and companies, including Visa, MasterCard, the Electronic Transactions Association, California Independent Bankers, Independent Community Bankers of America, Heartland Payment Systems and the California Bankers Association.

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