PRINCETON JUNCTION, N.J., June 17, 2019 – MTA’s recent launch of OMNY¹ and initiatives from several large financial institutions to offer contactless cards are evidence of the growth of contactless adoption in the U.S. As more opportunities arise to tap to make a payment, clear communication at the point of sale (POS) is needed to […]
Forum priorities include projects addressing implementation of contactless and mobile payments and mitigation of e-commerce fraud PRINCETON JUNCTION, N.J., April 17, 2019 – The U.S. Payments Forum today released its quarterly Market Snapshot, providing a look at the state of EMV chip adoption in the U.S., fraud, what’s next for payments in 2019 and Forum […]
PRINCETON JUNCTION, N.J., April 8, 2019 – EMV chip technology has become ingrained in the U.S. payments infrastructure. Still, there are misperceptions about the technology, its security features and impacts on fraud. The U.S. Payments Forum released a guide today that provides accurate information for all stakeholders communicating about contact and contactless chip technology, including […]
Webinar to focus on “tap-in” transit open payments using contactless EMV cards and devices PRINCETON JUNCTION, N.J., April 2, 2019 – With Americans averaging over 10 billion trips on public transportation annually[1], transit agencies are looking to create streamlined experiences with new technologies such as contactless open payments. To address this growing interest, the U.S. Payments […]
U.S. Payments Forum launches new educational resource on contactless payments acceptance PRINCETON JUNCTION, N.J., February 26, 2019 – More than 50 percent of today’s transactions are taking place at contactless payment-enabled merchants¹, and that number is growing. With more merchants showing interest in enabling consumers to tap to make a payment, the U.S. Payments Forum […]
Forum leadership brings together stakeholder voices from across the payments industry PRINCETON JUNCTION, N.J., February 26, 2019 – The U.S. Payments Forum and its leadership are instrumental in its mission to support the introduction and implementation of payments technologies that help protect the security of, and enhance opportunities for, payment transactions within the U.S. To […]
Highly-anticipated payments conference heads to Phoenix in March, joins with U.S. Payments Forum Member Meeting for cross-industry perspectives PRINCETON JUNCTION, N.J., January 29, 2019 – What technologies are having the biggest impact on payments in the U.S.? How is digital identity changing to improve payments security online? What does the future hold for mobile and […]
Resource addresses NFC-enabled mobile wallet and contactless-enabled chip card payment acceptance at the ATM PRINCETON JUNCTION, N.J., December 19, 2018 – With more than 85 percent of U.S. ATMs now accepting EMV contact chip cards[1], many ATM owners are looking to make transactions easier and faster by adding contactless EMV chip capabilities. The U.S. Payments […]
US Payments Forum Market Snapshot: The State of Contactless Payments, Fraud and What’s Next for 2019
PRINCETON JUNCTION, N.J., December 11, 2018 – The U.S. Payments Forum today released its quarterly Market Snapshot, providing a look at the state of EMV chip adoption in the U.S., fraud and what’s next for payments in 2019. State of the Market: With chip-on-chip transactions steady, is contactless next? According to the U.S. Payments […]
A recent report linked U.S. fraud and the EMV chip migration. The U.S. Payments Forum offers several clarifying points in response to media coverage on these topics: This report gives statistics on compromised records but offers no data on actual occurrence of fraud. EMV chip payments are effective at reducing fraud. Chip payments were introduced […]