The Emergence & Implications of EMV
- Oct 12, 2012
EMV is the global standard for credit and debit cards based on embedded chip card technology developed by Europay, MasterCard and Visa. Recent announcements made by MasterCard and Visa are aimed at accelerating the adoption of EMV technology in the United States. This leaves merchants and payment professionals with questions on how this will affect their businesses.
In this white paper, Marc Castrechini, Vice President of Solution Engineering, provides an overview of EMV, the timing behind the movement, the benefits of EMV, potential migration processes, and discusses what steps merchants and payment professionals will need to take in order to prepare.
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