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Eighty percent of Mastercard-brand U.S. consumer credit cards now have EMV chips – an 88% increase since the Oct. 1, 2015, liability shift, according to a press release from Mastercard Wednesday.

The card network also said 1.7 million U.S. merchants in the Mastercard network, or 30% of all U.S. merchants, are now able to take EMV cards. Since Oct. 1, 2015, the number of merchants adopting EMV terminals has spiked by 374%, Mastercard said.

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Tina Orem


Credit Union Times

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