SC Magazine – 2/22/16: A new survey of U.S. payment service providers revealed that approximately 37 percent of retailers were ready to process EMV payments by Feb. 1, 2016 — four months after the official deadline for merchants to implement the smart card processing technology. The Strawhecker Group (TSG), the payment industry consultancy firm behind the survey and corresponding infographic, explained in a news release that the 37 percent figure falls short of expectations set forth in an earlier September 2015 survey, which estimated more than 40 percent of retailers would be EMV-ready by this time. EMV-ready means that the technology to process microchip-embedded cards has been implemented at the point of sale, but it does not have to be activated yet
Click here to read more: http://www.scmagazine.com/retailers-falling-short-of-earlier-predictions-on-emv-readiness/article/478392

Subscribe to the comments for this post?

Share this on Facebook

Share this on LinkedIn

Email this to a friend?

Share this on del.icio.us

Add this to Google Reader

Share this on Technorati

Seed this on Newsvine

Share this on Blinklist

Share this on FriendFeed

Add this to Google Bookmarks

Post on Google Buzz

Post this to MySpace

Share this on Plaxo

Submit this story to Propeller

Add to a lense on Squidoo

Stumble upon something good? Share it on StumbleUpon

Share this on Tumblr

Buzz up!

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Current month ye@r day *