EMV migration RSS
There are a lot of moving parts in the US payments landscape with the ongoing EMV migration to chip technology, growth in mobile payments and contactless payments, and the increasing need to secure the card-not-present environment – all of which need support from and coordination with the entire payments ecosystem. With the expanding needs of [...]
The post The US payments landscape: EMV, card-not-present and mobile ecosystems appeared first on Payments Cards & Mobile.
Global EMV payment card shipments reached just under 3 billion in 2016, marking a year-on-year (YoY) increase of less than 1%. Between 2012 and 2015. The market became accustomed to annual growth rates in the 20% to 35% range, as first China and then the US began their respective EMV migration programs. But as overstocking, paired [...]
The post EMV payment card market struggles for growth as saturation levels hit appeared first on Payments Cards & Mobile.
Its October the 1st. The deadline for US merchants to accept secure chip-enabled credit and debit cards,the US EMV migration, may take years for the conversion to be fully implemented. “Realistically, we should expect the adoption of chip cards in the US to take a few years,” says Gartner analyst Avivah Litan. Banks are issuing chip [...]
At the risk of sounding like the new Weather Channel website, can we learn anything about EMV migration from Canada? After all, they have already upgraded or replaced more than 60,000 ATMs to accommodate EMV. Has this had any impact on the level of debit fraud in Canada? While ATM EMV migration in the US will be [...]