ASC X9 To Explore EMV Alternatives
The Accredited Standards Committee X9 has considered exploring alternatives to EMV in the U.S., reports Digital Transactions News. The site acquired a letter dated Jan. 20 from ASC X9 proposing a two-day meeting to “discuss the best way forward on U.S. [integrated circuit] standards (for card and mobile payments).”
The committee cited the age of the standard, its proprietary nature and the confusing U.S. EMV roadmap as reasons to explore an alternative.
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