A side benefit to EMV


When we think about the on-going short to EMV cards from mag-stripe cards, we think mainly about the security benefits. But BST notes there's another massive benefit: enhanced global integrated operability of cards. "In parts of Europe, 95 percent of terminals were Chip-enabled, compared to 79 percent in Canada, Latin America and the Caribbean, 77 percent in Africa and the Middle East, and 51 percent in APAC. All eyes are now on the U.S. as the last major economy to tackle the transition. The region has begun implementing its migration plan, which is an important move forward as, ultimately, the EMV business case relies heavily on global adoption." Article

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