The Bankwatch

Tracking the consumer evolution of financial services

Visa plots to enforce chip cards in US

About time is all I can say about this.  The country that sticks to miles and mag stripes truly needs to get with the programme and I hope Visa are serious about forcing this through.  MasterCard should be all over this too.

Visa cites m-payments as it pushes US to EMV | Finextra

Now card giant Visa has set out its programme to drive the adoption of dual-interface chip technology to "help prepare the US payment infrastructure for the arrival of NFC-based mobile payments" as well as improve security and international interoperability.

Written by Colin Henderson

August 9, 2011 at 22:56

Posted in Uncategorized

3 Responses

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  1. What was the holdup? Obviously there’s an expense associated with upgrading the cards and machine countrywide, but wouldn’t that be offset handily by a decrease in fraud?

  2. […] Visa plots to enforce chip cards in US ( […]

  3. Holdup? You could call it resistance to change.

    Colin Henderson

    August 10, 2011 at 18:39

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