Payments Security Task Force says estimates are based on acquirers that represent 80% of U.S. purchase volume.
Company educates financial institutions and merchants on EMV adoption.
Competing choices for chip-and-PIN emerging as liability deadline nears.
Major card brands license each other's technologies to facilitate chip-and-PIN card adoption in U.S.
Chip-embedded cards hit new milestone in U.S., major issuer announces.
Visa USA has reported that U.S. financial institutions have issued more than one million credit and debit cards that use information on embedded computer chips to validate transactions instead of magnetic stripe technology.
Card brand says strong interest among large issuers and small.
Card firm seeks to clarify coming EMV offering's impact.
Analyst says multiple sources indicate April 2013 deadline, "a blink of an eye in banking."
PSCU Financial Services is joining in the EMV wave, rolling out new credit cards that carry both EMV chip-and-PIN security and traditional magnetic stripes.