By most industry accounts about 25-30% of US merchants are ready to process EMV transactions on October 1, just three days away. This is not surprising as EMV enablement is...
EMV Status Report
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In an ever-changing landscape, keep ahead of the curve with insights and industry news from Optimized Payments.
Latest News from EMV
Reducing Pain of EMV & POS Upgrades
Many retailers are struggling with the cost and time involved with upgrading their payments infrastructure to accommodate for EMV cards and contactless payments, including Apple Pay. The challenge is not just replacing the payment terminals with a Verifone or...
Why Retailers Aren’t Rushing to Adopt EMV
This is a great article by Andrew Deichler at AFP that talks about merchant priorities for card security. Many retailers are rightly favoring encryption and tokenization solutions and mobile payments acceptance ahead of implementing EMV. Read the full article...
Overview of EMV in the U.S.
What is EMV & why is it important? EMV is an acronym for Europay, MasterCard, and Visa, and represents the 1994 founders of the global standard for credit and debit payments based on chip card technology. Today, Europay is owned by MasterCard and EMV standards...
