For several months, the payments industry has wondered how an unsettled legal environment may impact the implementation of EMV in the United States. MasterCard has spoken with many of its customers and partners, in industry forums and direct conversations, to understand their thoughts and questions.
In the wake of the recent reported merchant data breach, chip technology has gained even greater interest and rightfully so. As such, Chris McWilton, MasterCard President, North American Markets issued this recent letter to its partners and customers, sharing its currrent EMV migration position. Please take a minute to read.