More chip cards. More EMV terminals.
A few weeks ago, Mastercard released its latest EMV data and revealed that 80 percent of its U.S. consumer credit cards are now enabled with chips, marking an 88-percent increase in chip card adoption since the Oct. 1, 2015 EMV liability shift.
Chiro Aikat, SVP of EMV Product delivery for Mastercard, called those stats “music to his ears” since, from his perch, it signifies a great deal of progress in a short amount of time.
Giving Credit Where It’s Due