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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

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.

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EMV’s Slow Crawl Into Retail

PYMNTS

retailers are able to process chip-card transactions. According to a survey by the same research group — taken shortly before the liability shift went into effect in the fall — only 27 percent were going to be ready to go with chip card processing as of Oct. The wide expectation is that EMV transactions in the U.S.

EMV