IDG Contributor Network: What’s holding back EMV?

By Evan Schuman

New stats from Visa paint a sobering picture of the acceptance of EMV, a.k.a. chip cards. June stats from what Visa says are the “top states for chip-ready merchants” show that 66% of merchants are not yet able to handle EMV. Nationally, that “do not accept” number jumps to 72%. This is nine months after October’s EMV liability shift, which was supposed to have been when most merchants were supposed to be accepting EMV transactions.

“The …read more

Source:: IT Management