Sections
EMV
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7.1KEMVCo Releases Draft EMV Secure Remote Commerce Specs
To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued...
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4.6KMore Than Half Of Cards Issued Globally Were EMV-Enabled
Data from EMVCo shows that 54.6 percent of all cards issued globally by the end of 2017 were EMV-enabled. In addition, the...
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5.5KKFC Partners With Ingenico Group For Payment Solution
To simplify its path to EMV card acceptance, and to reduce PCI compliance scope, Kentucky Fried Chicken (KFC) has migrated its payments system...
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5.7KThere Are 6.1 Billion EMV Cards In Circulation
According to new figures out from EMVCo, there were a total of 6.1 billion EMV cards in circulation worldwide as of the end...
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Introducing 1-Second EMV
The problem with EMV for most consumers and merchants comes down to speed, Visa and Index have learned. The change in hand...
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16.8KCollect For Stripe Enables Retailers To Accept Both Swipe, EMV Chip Payments
Collect for Stripe, a new app built by entrepreneur and developer Logan Thompson, was launched this week, enabling Stripe users to accept...
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EMVCo Sees Growth Of EMV Chip Payments
EMVCo, the technical body, announced Wednesday (Dec. 14) there has been year-over-year growth in the number of contact and contactless card present...
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4.0KVisa Delays EMV Activation Date For Automated Fuel Dispensers
Visa announced Thursday (Dec. 1) it has decided to delay the U.S. domestic automated fuel dispenser (AFD) EMV activation date from Oct....
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October Visa Data Shows Rise In EMV-Enabled Merchants
Visa said Monday (Nov. 21) that its latest chip data update showed 388 million Visa EMV cards in the U.S. Of those, the...
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5.1KMerchant Associations Want Visa To Remedy EMV Rules
Merchant associations that represent tens of thousands of U.S. merchants are calling on Visa to provide steps to remedy what they say...
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9.6KChip-Reader Lawsuit Proceeds Against Card Companies
It’s been a year since the EMV card reader deadline. Now, the big card companies — Visa, Mastercard, American Express and others...
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The Straight Scoop On EMV: One Year Later
EMV: The three little letters that represent the single most hotly debated and discussed topic in the U.S. payments and commerce ecosystem...
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12.8KMastercard Says Fraud Costs Dropped 54% Since (EMV) October 2015
One year into the shift to chip-enabled cards — for the U.S., that is — Mastercard said on Monday (Sept. 12) that...
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3.8KEMVCo Updates Mobile Payment Device Approval Process
EMVCo announced a new streamlined approach to approving contactless mobile payment-enabled devices that operate with EMV Level 1 approved payment acceptance terminals....
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Mastercard On EMV Nine-Plus Months In
More chip cards. More EMV terminals. A few weeks ago, Mastercard released its latest EMV data and revealed that 80 percent of...
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14.8KThe Great August EMV Pile On
The whole world started piling on EMV last week. Media reported its confusing and clunky experience at the POS and wondered why...
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12.0KMastercard Spills The Latest EMV Data
Today, Mastercard announced that 80 percent of its U.S. consumer credit cards are now enabled with chips, marking an 88 percent increase...
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5.9KOT And Axis Bank Team Up For Open-Loop EMV Contactless Smart Cards
Oberthur Technologies (OT), an embedded security software products and services company, announced on Monday (Aug. 1) a partnership with India’s third-largest bank,...
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Visa Releases New EMV Data
As of the end of last month, Visa reported that there are now 326.8 million chip cards in the U.S. market —...
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5.0KWill Chip Cards Hurt The Retail ATM Market?
By this October, consumers may be seeing less ATMs available at their local bar or corner store. Chicago Tribune reported on Tuesday...
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7.7KKroger Sues Visa Over EMV PIN
Kroger Co. is suing Visa Inc. over EMV PIN debit-card transactions, claiming that the card network threatened them with increased fees and eliminating...
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Global EMV Chip Cards Approach 5 Billion
Global technical body EMVCo has released its updated report on the number of EMV chip payment cards, saying that the figure has...
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Discover Joins The ‘Quick Chip’ Bandwagon
“Quick Chip” seems to be the trendiest phrase in the financial services industry when it comes to EMV migration. Following similar advancements...
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Amex Gives Merchants EMV Chargeback Break
American Express has announced changes to its EMV chargeback policy in order to ease the transition as merchants migrate their POS systems to...
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Visa’s Merchant-Friendly EMV Moves
Visa is the first to admit that a lot of progress has been made in the U.S. EMV migration over the last...
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PYMNTS Daily Data Dive: Visa Chip Card Stats
The latest chip card data from Visa is in. What these figures show, as of the end of April, is how well the...
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Visa Releases New Chip Card Numbers
Just how well is the chip card migration going? Well, according to Visa: “The U.S. chip rollout is already having an impact...
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Visa’s Take On The EMV Chargeback Debate
The merchant-card network relationship can be complicated. It’s a complication that’s persisted long before EMV, but one that EMV seems to have...
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2.8KRBI Pushes For EMV ATMs
India’s vast ATM network is set to get a major facelift. The Reserve Bank of India has announced a timeline for the...
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4.4KDaily Data Dive: Chip Card Migration Stats
The latest stats released by MasterCard give more optimism about the U.S. EMV adoption rate by merchants and issuers. And for today’s Daily...
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MasterCard Collaboration To Accelerate EMV Rollout
EMV adoption is on the move. The acceptance and usage of chip technology by consumers and merchants is on the rise, and...
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An EMV Lifeline For POS Developers
The transition to EMV in the U.S. has not been without its speed bumps. Something that everyone in the payments ecosystem sort...
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Durbin Takes Aim At Card Networks Over Chip Cards
Dick Durbin is not very pleased with EMVCo. Ars Technica reports that, last week, the Illinois senator sent a strongly worded letter...
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5.7KCreditcall Secures Five EMV Certifications
Omnichannel payment gateway and EMV Kernel provider Creditcall announced on Wednesday (May 11) that it has achieved EMV certification with five major...
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10.0KBreaking EMV’s Land Speed Record
Merchants may be shifting towards EMV, but new software solutions are shifting their focus towards making transacting at the point of sale...
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Cayan’s EMV Speed Test
Six months past the EMV liability shift and transactions aren’t moving at the pace that a lot of merchants would prefer. Payment...
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2.9KSmart Payment Card Shipments Up 34 Percent
The shift to EMV in the U.S. is soaring the global demand for smart payment cards by as much as 34 percent, a...
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16.8KMasterCard Answers The Call For Faster EMV
You know that old saying: If it’s not broken, don’t fix it. That’s the philosophy behind MasterCard’s new M/Chip Fast solution, designed...
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17.3KThe Coming October Purchase Alert Mandate
Technology is making payments invisible – which is why the card networks want issuers to alert consumers when purchases are made. Karen...
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Ingenico Rolls Out mPOS EMV SDK
Ingenico Group’s mobile solutions division has launched a new mPOS EMV SDK aimed at providing mobile ISVs and developers with a faster...
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3.0KVerifone’s Solution To Easing Merchant EMV Friction
EVO Payments International and Verifone announced the launch of a solution aimed at supporting a smoother EMV migration for restaurants and other...
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21.7KVisa Puts The ‘Quick’ Into EMV
Unfortunately, EMV transactions have become synonymous with slower checkout. Not for long. Visa has launched its Quick Chip for EMV solution which...
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12.3KChargebacks Have Merchants Scared Straight (To EMV)
While the looming threat of chargebacks may have quickened the pace at which merchants are shifting toward EMV, the lengthening certification queue...
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6.4K‘Uncertainty, Doubt And Confusion:’ EMV’s 6-Month Pulse
“Uncertainty, doubt and confusion” is how Vantiv Head of Developer Integrations Matt Ozvat describes how merchants view EMV at the six-month mile...
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MasterCard Releases Six-Month EMV Report Card
The adoption of EMV in the U.S. has shown continued momentum in the six months since the official liability shift last October....
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New Research Highlights Online Fraud Spike Tied To EMV
This week, PYMNTS, in collaboration with Socure, released the March edition of the PYMNTS.com Digital Identity TrackerTM, featuring all new research surrounding the increase in...
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EMVCo Updates Payment Tokenization Specs
The global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions has upgraded its specs. In a press...
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4.8KRetailers Caught in Terminal Certification Crossfire
If, like New York merchant Avi Kaner, you had just spent $700,000 upgrading your POS terminal for chip cards in time for...
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NCR Payments Application Secures First Data EMV Certification
NCR Corporation announced Monday (March 21) that its Epsilon payments application has received EMV certification from First Data. The consumer transaction technology...
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Stripe, CardFlight Empower In-App EMV Acceptance
Mobile point-of-sale technology provider CardFlight announced on Tuesday (March 8) its integration with digital payments and FinTech firm Stripe to enable developers...