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smartchips

Over Half of All Payment Cards Issued Now Have Smartchips

April 20, 2018 credit cards , EMV , smart cards , chip credit cards , EMV cards , payment cards , chip cards , smart chips , EMV chip , EMVCo , chip terminals , smartchips , chip payment cards , EMV transaction , chip transaction , Jack Pan , credit card chip , chip payment Bill Hardekopf

New research from EMVCo shows that over half of the payment cards issued worldwide in 2017 had smartchips. Specifically, 54.6% of cards issued globally were EMV enabled, and 63.7% of card-present transactions involved a chip. Jack Pan, EMVCo Executive Committee Chair, said, “Both EMV chip card issuance and EMV chip transactions surpassing 50% globally is…a

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