The October anniversary of the liability shift has passed, and anniversaries are an excellent time to look back on progress…this is no exception. The U.S. EMV migration plan was set four years ago as a way to fight card fraud and to protect both consumers and merchants. Back in the day, we had one choice when …
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EMV chip cards are everywhere in the United States. They come with many benefits – including reduction of card fraud and safer transactions – but you may still have questions about chips, how they work and impact your life. Many of us already know the basic six things to know about chip cards, so here …
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Chip Cards in Market at 88 Percent as Chip-Active Terminals Reach 33 Percent Purchase, N.Y. – September 12, 2016 – As the one year anniversary of the shift to chip approaches in the U.S., Mastercard today unveiled data confirming the positive impact the technology is having on issuing banks, merchants and consumers. To date, chip …
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Index Helps Deploy M/Chip Fast to Speed Shoppers through Checkout PURCHASE, N.Y. – August 3, 2016 – Mastercard today announced that 80 percent of its U.S. consumer credit cards have chips, representing an 88 percent increase in chip card adoption since the October 1, 2015 liability shift started to bring EMV-secured payments to the U.S. …
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Testing Completed in Hours, Not Days or Weeks Purchase, N.Y. – June 20, 2016 – MasterCard today unveiled a new EMV chip terminal testing and certification program aimed at speeding chip adoption by U.S. merchants. MasterCard operates a chip terminal testing and certification process used by merchant bank acquirers and value-added resellers (VARs) before terminals …
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