October 1st, 2015 is the date set for changes in the U.S. regarding which party (merchant or processor) will be liable in credit card fraud cases. In Europe and Canada it has already been implemented and is proving itself to be a viable way to eliminate issues in "card present transactions". The new technique is called dipping, as opposed to swiping, where an indicator light will come on once the card has been approved. The cards in the US will have both strips and chips for the time being, so the traditional swiping method will still be around for the foreseeable future. The specific requirements for each of the major credit card brands is different, but they all require EMV hardware to be in place and operational to avoid liability.