New research from Boston-based Aite Group drives home two startling points – chip-and-PIN is coming at high speed to the United States and near-field communication (NFC) payments are too, said Aite Group senior analyst Julie Conroy McNelley.
Her claims are based on a survey of executives attending MasterCard's Americas Global Risk Management Conference in April.
McNelley elaborated that two years ago Aite Group asked executives at the same conference when chip-and-PIN was coming to the US – 36% said never. "Now that number has fallen to 17%," McNelley said. And 19% believe it will be here inside one to two years.
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