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MasterCard Expands EMV Self-Certification Program

PYMNTS

The move has been complicated by the combination of most merchants getting a very late start to the EMV process – the Target breach was what many merchants considered their official starting line despite announcements by the card networks years earlier – and a complicated certification process that’s been tough for some merchants to navigate.

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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. The more complex the merchant environment, the longer that process could take. EMV migration over the last seven months.

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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. Changes include streamlined tech requirements, an amended (and simplified) terminal certification process, and a further commitment to offering technical support and expertise for merchants. million merchant locations.

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

PYMNTS

For example, over 70 percent of Walmart’s chip-based transactions are debit – and giving customers the option to sign instead of key in PIN is a big deal. stores because Visa stands to make more money processing,” Walmart said in its lawsuit. After that point, the issuer picks up liability.

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