The green sheet covers an article on how Canadians are testing merchant account chip technology that enhances data security on credit and debit card-related POS Terminals.
"The pilot program, which will run through October 2008, will render all 90 local area merchants' POS terminals compliant with the Europay International, Master-Card Worldwide and Visa Inc. (EMV) smart-chip-card standard...Despite the benefits of increased security and lower dollar amounts of fraud, the U.S. market has not yet created a business case to move forward with EMV adoption." More on this article here.
Showing posts with label EMV smart cards. Show all posts
Showing posts with label EMV smart cards. Show all posts
Wednesday, May 28, 2008
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