Jeremy Julian

Tag : EMV adoption in America

EMV Adoption in America

May 14, 2015

After years of rumors and discussion, EMV technology is finally coming to the U.S. in a big way. Recent large-scale data breaches among companies like Target and Home Depot are pushing credit and debit card issuers in America toward this new technology in a hurry. Restaurateurs need to be aware of how this will affect their shops – and what they can do to prepare. What is EMV? EMV is a global standard for securing electronic transactions that has been developed over the last two decades. Originally created by credit card giants Europay, MasterCard and Visa, the corporation that oversees EMV now includes American Express, Discover, JCB and China UnionPay. The group has ushered in the worldwide use of “chip cards,” credit cards with aContinue Reading …

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