EMV Migration: Is The U.S. Ready?
Most of the world has fully migrated or is in the process of migrating to EMV chip technology for debit and credit payments. According to EMVCo, approximately 40.1 percent of the total payment cards in circulation and 71 percent of the POS devices installed globally are equipped with EMV technology as of early last year. Given its prevalence in the rest of the world, many have questioned if and when the U.S. would move to EMV. In a new White Paper from Gemalto, the digital security company tackles this question and much more — from Visa’s involvement to EMV benefits to implementation.
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