The system enhances to the security provided by the magnetic strips on the back of cards by adding a unique identifier for each transaction.
Intuit said the QuickBooks Mobile EMV Card Reader, available for pre-order, is easy to set up, small enough to carry and integrates sales transactions within QuickBooks Online, as well as with QuickBooks Desktop using QuickBooks GoPayment. Intuit is charging $30 for the reader.
Intuit is also providing a guide to EMV migration for small businesses on its website.