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Visa’s Merchant-Friendly EMV Moves

PYMNTS

Today, there are 300 million chip cards in circulation and 1.2 It’s also the first to say that there could and should be more places for consumers to use their chip cards. Visa is also exploring how acquirers can share certification test results with each other to avoid testing duplication.

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Visa Announces How It Wants To Help Merchants Accelerate EMV Chip Migration

PYMNTS

“We’ve taken steps to simplify the process as much as possible and help reduce any challenges so merchants can move forward with chip adoption quickly.”. According to Visa, there are at present 300 million chips card in circulation in the U.S. market which are now ready to be used at 1.2 million merchant locations.

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PYMNTS’ Data Dive: Strange Bedfellows Edition — Card Networks, EMV And Retail

PYMNTS

Master Card And Visa Simplify Retailer EMV Transition. EMV migration over the last seven month – with 300 million chip cards in circulation and 1.2 million EMV merchant locations – they are also the first to admit more needs to be done make more retail locations ready to accept all those cards.

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