Payments Cards & Mobile – 5/8/14: EMVCo, owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa, facilitates worldwide interoperability and acceptance of secure payment transactions by managing and evolving the EMV chip Specifications and related testing processes. The latest figures, which reflect data from Q4 2013, are the first to be released by EMVCo since welcoming Discover and UnionPay as new member-owners in 2013, and are based on a compilation of data submitted by each member financial institution. The figures currently exclude the US, which is in the process of migrating its payment infrastructure to EMV chip technology.
Click here to read more: http://www.paymentscardsandmobile.com/emvco-publishes-latest-emv-chip-deployment-figures

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