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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Industry Collaborates on Solutions to Speed Transaction Times Purchase, N.Y. – May 26, 2016 – Americans are increasingly using EMV chip cards to make purchases as 68 percent of all U.S.-issued MasterCard-branded consumer credit cards feature the technology as of April 30, 2016. Chip-active merchant locations also increased to 1.4 million during this same time; …
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Consumer Security and Industry Collaboration Critical for Success PURCHASE, N.Y. – April 27, 2016 – MasterCard today unveiled M/Chip Fast, a new application of the company’s existing technology to help speed EMV transactions and shoppers through checkout lines. Developed on the principles of contactless or ‘tap-and-go’ technology, M/Chip Fast effectively prioritizes the parts of transactions …
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PURCHASE, N.Y. – March 31, 2016 – Americans are quickly embracing EMV chip cards, just six months after the latest milestone in the migration timeline. While consumers increasingly dip their cards to pay in-store, progress has been made by both card issuers and merchants. Today, MasterCard provided an update on how its cardholders, partners and …
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