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; …
Read More

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 …
Read More

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 …
Read More

Charles Dachs is Senior Director Mobile Transactions at NXP MasterCard understands that payment technologies need to be more than just easy for consumers to use – they also need to be easy for developers and service providers to work with. If a payment technology is difficult to configure and deploy, then companies are less likely …
Read More