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Visa’s Merchant-Friendly EMV Moves

PYMNTS

Visa announced a series of initiatives yesterday (June 16) designed to change that — to simplify and accelerate the path to certification — and blunt the impact of up to 15 percent of chargeback volume for the next 20 months in order to give the ecosystem time to catch up. Visa’s Quick Path To EMV.

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

PYMNTS

percent for merchants, with a minimum net purchase volume of at least $3 billion (a threshold Walmart Canada would cross easily). In addition, Visa is investigating a system for acquirers to share certification test results with each other to avoid testing duplication. The rates in question, according to the Visa Cana website are 1.42

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