The U.S. Payments Forum (the “Forum”) is a cross-industry body focused on addressing issues that require broad cooperation and coordination across many constituents in the payments industry. This cooperation and coordination is vital to promote the efficient, timely, and effective introduction of EMV chip technology and other new and emerging payments technologies in the United States that protect the security of, and enhance opportunities for payment transactions within the U.S. Topic areas the Forum engages in include EMV implementation, tokenization, card-not-present transactions, encryption, and mobile and contactless payments.
The U.S. Payments Forum resulted from the expansion of the charter and activities of the EMV Migration Forum, which was formed by the Smart Card Alliance (now known as the Secure Technology Alliance) in 2012 to support the industry cooperation and alignment of the move from magnetic stripe technology to more secure EMV contact and contactless technology. The transition of the organization to the U.S. Payments Forum took place in August 2016.
The U.S. Payments Forum membership includes global payments networks, financial institutions, merchants, processors, acquirers, domestic debit networks, industry associations and industry suppliers.