Princeton Junction, N.J., April 2, 2014 – U.S. EMV chip adoption is poised for exponential growth in the next year from today’s estimated 17 to 20 million EMV chip cards and millions of EMV-capable terminals and ATMs, some of which already accept EMV chip cards, the EMV Migration Forum announced at its March meeting. The […]
EMV Migration Forum releases Standardization of Terminology 2.1 for industry use Princeton Junction, N.J., April 1, 2014 –The U.S. payments system is changing as we join 80+ other countries and move to chip card payments. As new payment cards, new acceptance terminals and a new way to pay in-store are being introduced to the market, […]
Princeton Junction, N.J., February 24, 2014 – The U.S. payments industry is accelerating its move to EMV chip card payments to reduce counterfeit card fraud, provide global interoperability and enable safer and smarter transactions across card and mobile NFC payments channels. To help card issuing banks and merchants achieve these benefits and ready their organizations […]
Princeton Junction, N.J., Jan. 7, 2014 — EMV chip technology is coming to the U.S. payment system to reduce counterfeit card fraud, provide global interoperability and enable safer and smarter transactions across card and mobile NFC payments channels. All U.S. payment industry stakeholders need to learn how migrating to EMV chip payments can help them […]
Work group formed to address technical requirements for debit implementation Princeton Junction, N.J., December 23, 2013 – The U.S. migration to EMV chip payment technology is moving forward, and the cross-industry EMV Migration Forum and its Working Committees report significant progress in determining and addressing critical issues and implementation steps to ensure the migration is […]
News from the EMV Migration Forum Princeton Junction, N.J., October 3, 2013 – Following its first anniversary as an organization, the EMV Migration Forum and its payment industry members are continuing to work together on advancing the move to EMV chip technology in the United States, despite uncertainty concerning implementation of U.S. regulations governing debit.
Princeton Junction, N.J., September 10, 2013 –The EMV Migration Forum’s Testing and Certification Working Committee has released a new resource outlining the current U.S. payment brand testing and certification requirements for acquirers, acquirer processors and direct connect merchants in the U.S. migration to EMV chip payments. The white paper, “Current U.S. Payment Brand Requirements for […]
Recently, a federal court overturned the Federal Reserve’s implementation of the Durbin Amendment. Since then, there have been many questions about its possible impact on the ongoing migration to EMV chip technology in the United States. The EMV Migration Forum would like to address the ruling and its potential impact on the Forum and its […]
Merchant, issuer, merchant acquirer, and issuer processor members recommend EMV debit implementation principles Princeton Junction, N.J., July 1, 2013–Following its June meeting, the EMV Migration Forum has issued the following statement on EMV debit implementation in the United States: “The merchant, issuer, merchant acquirer, and issuer processor members of the EMV Migration Forum came together […]
Next meeting set for June 27-28, 2013 at McDonald’s Hamburger University Princeton Junction, N.J., June 19, 2013–To more broadly address the challenges impacting the U.S. payments ecosystem’s move to EMV chip payments, the EMV Migration Forum today announced an expansion of its Working Committees to include the ATM Working Committee and the Card-Not-Present Fraud Working […]