The U.S. is one of the last countries to migrate to the EMV payment card security standard. Most European, Latin American and Asian countries have already migrated to EMV, or are in the process of doing so.
Countries such as the UK and Canada that have completed their EMV migration have seen significant reductions in card fraud. Interac, Canada’s debit card scheme, says Canadian debit card fraud losses due to skimming are at their lowest level since 2003. Interac attributes the decline to Canada’s implementation of EMV.
This 27-page guide delves into aspects such as:
- Fraud reduction
- U.S. liability shift deadlines
- EMV card readers
- ATM vendors
Available now! Order your copy now and be prepared to upgrade.