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Visa’s Merchant-Friendly EMV Moves

PYMNTS

EMV migration over the last seven months. Today, there are 300 million chip cards in circulation and 1.2 million EMV merchant locations. It’s also the first to say that there could and should be more places for consumers to use their chip cards. Visa’s Quick Path To EMV. Changing Chargeback Economics.

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

PYMNTS

Earlier today Visa announced a handful of new moves aimed at pushing EMV chip adoption among merchants. Taken together, Visa believes the changes will help cut the EMV adoption timeline in half. According to Visa, there are at present 300 million chips card in circulation in the U.S. million merchant locations.

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MasterCard Expands EMV Self-Certification Program

PYMNTS

It’s been a tough road on the way to EMV terminal deployment here in the U.S. To that end, MasterCard is announcing today that it is reducing the volume of tests that it requires of terminals before bringing them into the field as certified to enable chip card payments.

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

PYMNTS

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. Home Depot – Another EMV Lawsuit Joins The Party . Because in the U.S. There is money on the table.

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