In reply to Allie Kat.

"We began to invest in NFC and contactless about a decade ago ... "

Chip cards have been on issue in Australia for about 10 years; later, NFC contactless readers were introduced, in the early days, with an extra little "reader" attached to the EMV terminal; so, I don't understand how an EMV card can be NOT a "contactless" card if the terminal is indeed EMV/NFC contactless.

Regardless, what would have been the point for anyone in the U.S., ten years ago, investing in NFC contactless when U.S. banks have consistently refused to issue EMV cards?

In Australia, EMV terminals are programmed to not accept a "swipe" from the newer EMV-type cards; apparently, only a "tap", or an "insert" if a PIN is required, will do ...