Today, Mastercard announced 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.
The company also reported that, in its network, there are now 1.7 million chip-active merchant locations, which make up approximately 30 percent of the total merchant population in the U.S. The numbers show a 374 percent spike in chip terminal adoption among Mastercard network merchants since last October.