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US EMV push won’t curb fraud for several years

US EMV push won’t curb fraud for several years

Experts say that it will take several years before EMV chip-and-PIN technology becomes a significant factor in curtailing card skimming fraud in the US. "We would need to see the percentage of chip-to-chip transactions rise to about 75% of all transactions in order to see a drop in counterfeit card crime," says Mercator Advisory Group’s [...]

The post US EMV push won’t curb fraud for several years appeared first on Payments Cards & Mobile.

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