Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

Stax

MARCH 13, 2025

To improve the payment experience for consumers, card networks must innovate and incorporate the latest technologies. Think AI-powered anti-fraud measures and contactless payments such advancements are funded by interchange fees. Card networks typically use a combination of both when setting interchange fees.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

PYMNTS

OCTOBER 14, 2019

Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments are contactless. billion transactions with their debit cards, which is a jump of 8.9 Contactless transactions totaled £7.2 don’t rely on swiping or chip card readers.

Contactless Payments 58

Contactless Payments Debit Card CHIPS Credit Cards 58

PYMNTS

NOVEMBER 30, 2018

The change happened quickly – numerous markets saw contactless usage go from single digits to more than 50 percent use within 18 to 24 months. It’s not as prevalent in the United States, however, as many card issuers don’t give customers the contactless option. But there need to be cards in the market to drive adoption.”.

Contactless Payments 59

Contactless Payments Chip Cards CHIPS Card Issuer 59

PYMNTS

OCTOBER 14, 2019

Finance shows that contactless payments in the country continue to grow. In fact, almost 50 percent of all debit card payments are contactless. billion transactions with their debit cards, which is a jump of 8.9 Contactless transactions totaled £7.2 don’t rely on swiping or chip card readers.

Contactless Payments 49

Contactless Payments Continuity Debit Card CHIPS 49

PYMNTS

JUNE 6, 2019

has been slower to adopt contactless payments than other parts of the world, Europe in particular. According to payment gateway NMI, just 3 percent of payments in the U.S. don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. However, the U.S.

Contactless Payments 56

Contactless Payments Chip Cards EMV Card Issuer 56

Clearly Payments

DECEMBER 2, 2024

The terminal communicates with the card issuer to approve the payment. Once approved, the funds are transferred to the business’s merchant account, typically within 1–3 business days (same day or next day with Clearly Payments ). Key Statistics Over 83% of in-store transactions are paid using credit or debit cards.

Credit Cards 105

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 105