Visa’s Latest EMV Numbers Say The Card’s Catching On. Remember back in 2015, when the first transitions to the Europay / Mastercard / Visa (EMV) standard started? Remember what an absolute firestorm of confusion and resentment it was from small shops who didn’t want to buy huge new quantities of hardware just to keep from…
In most of the world, buying goods with a credit card equipped with a chip is a mindless, routine task. Americans, having arrived late to chips after decades of swiping magnetic stripe cards, are having a much harder time with it. When you approach the checkout, there’s the constant question: swipe or insert? If a chip reader is working—and many…
For years, American consumers have waited for safer credit cards with embedded chips that make them more difficult to clone, and which can require a unique PIN or a signature to use. Now that these cards are finally in widespread use, and retailers are begrudgingly shifting over to new card-readers, why is identity fraud still…