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Many states have seen attempts over the past several years to enact new franchise relationship legislation. California’s bills have made it further in the legislative process than those of other states, and by Sept. 30, we should know whether the latest attempt, bill AB 525, will make it all the way.
The smart money is betting that California Gov. Jerry Brown will sign the new bill that modifies certain provisions of the California Franchise Relations Act. The purpose of the bill is to give more protections to franchisees. Last year, the governor vetoed a similar but more franchisee-friendly bill (SB 610).
Starting Oct. 1, retailers lacking EMV compliance can be liable for fraudulent in-store purchases.
If your customers routinely use credit cards to pay you, you are likely already familiar with a new type of credit card with a tiny microprocessing chip built inside. These cards — known as “EMV cards,” “chip cards” or “chip-and-PIN” — are designed to reduce fraudulent in-person credit card transactions, also called “card present” transactions.