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    News in brief

    MasterCard collaborates on speeding up EMV checkout

    News in brief

    MasterCard is working with other payment networks, acquirers and processors to develop a standard that will reduce EMV checkout times. “These efforts will be based on the company’s M/Chip Fast solution,” MasterCard says. “It builds on the principles of contactless or tap and go technology, helping to speed EMV transactions and shoppers through checkout lines. Testing and certification for M/Chip Fast is streamlined for efficient adoption.” The company unveiled M/Chip Fast in April 2016.

    Filed by Email Rian Boden Published • Last updated 26 May 2016, 15:19

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