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Federal Reserve Payment Study

Chip Card Payments Grew 230% Per Year From 2012-2015

The deadline for EMV technology in credit and debit cards was not until October 2015, but significant growth in the distribution of chip cards took place in the years leading up to that deadline. According to the 2016 Federal Reserve Payments Study, chip card payments grew an average of 230% per year from 2012 to

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