While chip-based or EMV credit card payment software can reportedly bring security benefits, it's not without its own risks. As they consider whether or not to adopt this kind of technology, POS store owners should think of the specific risks that might become more obvious once they start accepting cards with chips and using scanners with special slots to do so.

Credit.com's Bob Sullivan recently noted that the move to chip-based options seems to have brought a similar rise in new account fraud. This is a more sophisticated form of crime in which identity thieves open a credit card account with stolen information, as opposed to simply using the numbers associated with an existing one. 

Since EMV cards generate new numbers unique to each purchase, the growth of account fraud seems to be a reaction to these protections. Sullivan quotes statistics that show a more than 110 percent increase in this type of fraud.

In a NerdWallet & ABC News article from last year, credit card specialist Sean McQuay said that EMV systems require the proper implementation to be effective.

"EMV is a powerful tool, but it's only effective if both consumers and merchants are ready to use it for transactions," he said. "Consumers need chip cards and merchants need chip readers," McQuay says. "If only one side has upgraded to EMV for a specific transaction, then the upgrade was a waste." The same article notes that some businesses, specifically gas stations, might be at risk because of the longer deadlines for adoption.

Find a payment processor software that leaves your business with a safe way to accept more newly issued cards. Preparing for the ways that consumer information is at risk may also help suggest the best choices for them.