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EMV migration over the last seven months. million EMV merchant locations. Terminal certification has, so far, been a big barrier to making that possible, and the hue and cry across the ecosystem over the EMV certification backlog has now reached a fever pitch. Visa’s Quick Path To EMV.
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. In addition, Visa is investigating a system for acquirers to share certification test results with each other to avoid testing duplication.
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 . Master Card And Visa Simplify Retailer EMV Transition.
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