ASC X9 To Explore EMV Alternatives

What's Next In Payments®
8:24 PM EST January 27th, 2013

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.

Read the full story here.

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