The United States may have been late to the EMV party, but U.S. credit and debit card issuers pushing out EMV chip cards have helped make the country the number-one market for EMV plastic, according to the latest figures from Visa Inc. As of June 30, Visa chip cards totaled …

The EFT networks are broadening their product lineups, but are EMV and the global networks getting in their way? Eyeing high-growth payment markets such as e-commerce, the surviving electronic funds transfer networks are in a rush to expand their product menus beyond bread-and-butter PIN-debit transaction switching. At the same time, …

The EFT networks are broadening their product lineups, but are EMV and the global networks getting in their way? Eyeing high-growth payment markets such as e-commerce, the surviving electronic funds transfer networks are in a rush to expand their product menus beyond bread-and-butter PIN-debit transaction switching. At the same time, …

The EFT networks are broadening their product lineups, but are EMV and the global networks getting in their way? Eyeing high-growth payment markets such as e-commerce, the surviving electronic funds transfer networks are in a rush to expand their product menus beyond bread-and-butter PIN-debit transaction switching. At the same time, …

A simmering controversy in the U.S. conversion to EMV chip card payments burst into the open last month when Wal-Mart Stores Inc. sued Visa Inc. The giant retailer claims that Visa is trying to make it use signature verification for some EMV debit card transactions and route those transactions over …

Once known exclusively for enabling PIN-based debit card transactions at ATMs and then at the point of sale, the electronic funds transfer networks are broadening their payment options for merchants as they compete with global networks Visa Inc. and MasterCard Inc. for debit transactions. For example, payment processor First Data …

  With the POS conversion in progress, the next step is to accommodate EMV chip cards in ATMs. That will require planning, money, and expertise. With the EMV liability shift for the point of sale well under way, the next big step in the transformation of the U.S. payment industry …

The EMV era in the U.S. officially started Oct. 1, and for the most part this is shaping up to be an underwhelming launch for chip cards. It’s morning in America for payment cards, the accession of the EMV chip card as the successor to the half-century-old magnetic-stripe card. The …

By Terry Dooley Deadline: A date or time when something must be finished: the last day, hour, or minute that something will be accepted. The word “deadline” carries with it the implication of pressure—pressure to act or face the consequences. That’s the very word being tossed around when people talk …

By Jim Daly With the much-heralded EMV liability shift now less than a month away, the United States could be likened to briskly walking, though hardly running, toward the finish line of full-fledged chip card payments. New figures provided by Visa Inc. to Digital Transactions News on Friday show that …