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    News in brief

    Mastercard reports strong US EMV uptake

    News in brief

    Nearly nine in ten Mastercard US consumer credit cards (88%) contained chips as of July 2016, representing a 105% increase in chip card adoption since the October 2015 liability shift, the payment network has revealed. “The company also sees 2m chip-active merchant locations on its network, a 468% increase in chip terminal adoption since 1 October 2015,” Mastercard says. “Two million merchants represent 33% of all US merchants.”

    Filed by Email Rian Boden nfcworld.com Published • Last updated 13 September 2016, 14:28

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