Mastercard issues timeline for contactless card and POS terminal mandates

Betting on contactless: Mastercard pushes chips to center of table — Mastercard — “After October 2018, all new acceptance terminals in Europe, the Middle East, Africa, Latin America and Asia Pacific will have EMV chip and contactless enabled; After April 2019, all new cards issued in Europe, the Middle East, Africa, Latin America and Asia Pacific will have EMV chip and contactless technology; and by April 2023, all merchant terminals in Europe, the Middle East, Africa, and Latin America will be EMV chip and contactless enabled.”

One thought on “Mastercard issues timeline for contactless card and POS terminal mandates

  1. Half the merchants in the US are already able to accept contactless payments. MasterCard has yet to issue the first contactless EMV card here. The “timeline” we are all waiting for is the end of the magnetic stripe.

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