EMV payments leverage a computer chip located on the front of the payment card to transmit data from the card to the card reader. This chip calculates a unique data packet for each transaction reducing the value of any data that can be stolen out of a payment system.
What is the April 2021 deadline?
On April 17, 2021 card issuing banks will NO LONGER absorb chargebacks from fraudulent transactions that occur at the gas dispensers who are not EMV compliant. This is why EMV chip readers will be vital when it comes to credit card fraud and chargebacks OR your business will be absorbing the financial blow without any further assistance from the banks.
What are the benefits?
1. Improved security (plus fraud reduction).
2. Reduced cost of chargebacks by avoiding the liability shift.
3. Customer card security.
4. Brand protection.
The EMV Deadline will be here before you know it and trust us you don’t want to wait. Although waiting until April might seem like the best option, we can assure you there are plenty of reasons that you should go ahead and take care of this now!
Why buy in 2020 vs. 2021?
Prices will increase on products by 2-5%.
Delivery time will increase in 2021.
There will be a shortage of technicians in 2021.
Northwest Pump can offer you financing now through Patriot Capital to get your purchase in this year.
There will be a tax advantage in 2020.
For more information on EMV, the deadline and products you will need CLICK HERE.
Contact sales@nwpump.com or call 1-800-452-PUMP and let us handle all your EMV needs this year before you are pushed to the back of the line!
Northwest Pump takes pride in knowing the industry ins and outs when it comes to Petroleum and Industrial products. We also strive to stay up-to-date in industry news which is why we are members of the below associations. With their help, we have been able to learn, grow, and interact with some of the best in the business.
Associations:
Petroleum:
Arizona Petroleum Marketers Association – The Arizona Petroleum Marketers Association (APMA) is the state’s trade association representing petroleum marketing, convenience store, and related industries. APMA’s primary purpose is to protect and advance its members’ legislative and regulatory interests in the state’s and nation’s capitols.
California Fuels & Convenience Alliance – Founded in 1952 as the California Independent Oil Marketers Association (CIOMA), now the California Fuels & Convenience Alliance (CFCA), CFCA is the industry’s statewide trade association representing the needs of independent wholesale and retail marketers of gasoline, diesel, lubricating oils and other petroleum products; transporters of those products; and retail convenience store operators.
Energy Marketers of America – Originally started in 1909, the EMA is now made up of about fifty other state and regional associations of energy marketers. This organization represents about 80% of all finished motor & heating fuel products sold within the US including hydrocarbon biofuels, diesel fuel, biofuel, heating fuel, jet fuel, kerosene, racing fuel, and lubricating oils.
Montana Petroleum Association – The Montana Petroleum Association is made up of over 150 members and is dedicated to engaging lawmakers, and to be an advocate of the oil & gas industry both in the state and in the country. The association’s members employ nearly thirty thousand workers.
Oregon Fuels Association – The Oregon Fuels Association (OFA) is the statewide association of fuel distributors, retailers, commercial fueling, and heating oil marketers. It brings together business people who have similar goals and concerns and gives them the advantages of a unified coalition of fuel professionals.
Petroleum Equipment Institute – PEI is an international trade association whose members manufacture, distribute and service petroleum marketing and liquid handling equipment. PEI’s mission is to be the leading authority and source of information for the fuel and fluid handling equipment industries and promote the value of distributor services and improve the business relationships of our members.
The Petroleum Marketers Association of America -The Petroleum Marketers Association of America (PMAA) is a federation of 47 state and regional trade associations representing approximately 8,000 independent petroleum marketers nationwide.
Tribal Convenience Store Association – The Tribal Convenience Store Association was founded in 2009 and is the only tribal-owned/led association of its kind. The association works to create a network across several tribes, reservations, and states to benefit each other’s convenience stores. Currently, the TCSA has representatives from almost thirty tribes and is a 501(c)(6) non-profit.
Washington Oil Marketers Association – The Washington Oil Marketers Association (WOMA) is a non-profit trade association with 78 individual and corporate members that market petroleum products in Washington State, and more than 50 associate members that sell products and services that support the petroleum industry.
Western Petroleum Marketing Association – WPMA is made up of seven separate state associations, including Hawaii, Idaho, Montana, Nevada, New Mexico, Utah, and Washington. Washington state marketers unified and joined the IOMA (WPMA) in 1982 with the Inland Empire in the east and the WOMA association in the west.
Industrial:
Alaska Miners Association – Founded in 1939, the AMA was originally created to help miners advocate for themselves as well as connect with each other from all over the state. The Alaska Miners Association works to support and encourage responsible mining practices throughout Alaska, to monitor political processes to help keep lands available for mineral exploration and development, to ensure that regulations balance economically and environmentally beneficial practices, and to increase public awareness of the mineral industry and its impact on the state and on the country.
Alaska Water Wastewater Management Association – Formed in 1962 and granted 501(c)3 Non-Profit Status in 1997, the Alaska Water Wastewater Management Association (AWWMA) is dedicated to the stewardship of the environment, and the protection of public health. AWWMA is a leader in advancing the technology of Alaska’s water and wastewater industry, and active at the grassroots level in government policies relative to the stewardship of Alaska’s water resources and public health.
Food Northwest – Founded in 1914 and originally called the Northwest Food Processors Association, this organization is dedicated to food production in Oregon, Washington, & Idaho. Food Northwest is dedicated to providing members with knowledge on regulations regarding food, energy, and sustainability to business owners, and training and education to workers.
Montana Brewer’s Association – Originally founded in 1997 as the Montana State Brewers Association, the MBA is focused on promoting the production and sales of the finest Montana State beers. The organization is dedicated to the education and awareness of beer crafting as well as building a community in the local industry.
Montana Chamber of Commerce – The MCC is a nonprofit 501(c)(6) organization and is dedicated to creating and sustaining the right kind of business climate, prosperity, and any factors that impact success for Montana Businesses.
Oregon Winegrowers Association – the OWA advocates for wineries within the state of Oregon, by advocating for the growth and economic sustainability of Oregon’s wine grape growing and production communities. The organization acts on a state and national level.
Now that’s a tank! Check out our Towner’s Conoco project in Spokane, WA. Products pictured include a 15,000 gallon split tank for diesel and non-ethanol premium and a 20,000 gallon unleaded tank, all from Xerxes. NWP is pulling out a 40+ year old single wall steel tank, and adding diesel & non-ethanol grades to the site. We’re developing a new piece of property behind an existing site with a new canopy and E700S 3+1+1 dispensers. Let us assist in your next BIG project! www.nwpump.com