New credit card rule comes with hefty compliance price for practices

Why This Topic Matters

Practices that accept credit cards may face new exposure if their payment systems are not aligned with the newer card technology and related security expectations. The article helps readers understand the operational and compliance significance of the change without relying on the premium text.

Article Sections

1. Practice management

   An overview of the payment technology change affecting practices and other merchants, with context on the business impact for office operations.

2. New cards cause ‘liability shift’

   Discussion of how the change in card technology affects responsibility for fraud and security-related losses in different payment situations.

3. 6 tips to reduce practice liability

   General recommendations about evaluating payment systems, coordinating with banks, maintaining security standards, and considering broader payment options.