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

PYMNTS

Changes include streamlined tech requirements, an amended (and simplified) terminal certification process, and a further commitment to offering technical support and expertise for merchants. We’ve taken steps to simplify the process as much as possible and help reduce any challenges so merchants can move forward with chip adoption quickly.”.

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Visa’s Merchant-Friendly EMV Moves

PYMNTS

The more complex the merchant environment, the longer that process could take. And the (costly) rub is that, even with those terminals in place, if those terminals aren’t certified, they can’t be used to process an EMV transaction. While the EMV testing and certification process is working its way across the U.S.

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

PYMNTS

stores because Visa stands to make more money processing,” Walmart said in its lawsuit. And that starts with simplifying the certification process so that merchants can more quickly activate the EMV terminals that may already be sitting on their counters waiting to accept chip cards. After that point, the issuer picks up liability.

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