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Number of EMV card-present transactions exceeds 42% globally

EMVCo has published transaction data that reflects year-on-year growth in the number of contact and contactless card-present payments using EMV chip technology. The data reveals that during the period July 2015 to June 2016, 42.4% of card-present transactions globally were EMV-compliant, compared to 33.0% for the previous 12-month period. To qualify as an EMV transaction, both [...]

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