Merchant Acquirers Think the EMV Migration Is a ‘Big Joke’

By | July 23, 2015

If you’ve been sifting through your wallet and counting the increasing number of chip-enabled cards you can find in there, you’re probably becoming more and more confident that EMV is finally happening in the U.S.

Source: www.paymentssource.com

Key basis — According to a DDPR survey of 26 ISOs and acquirers in the first quarter, only 30% had an interest in pursuing a partnership or a vendor relationship for EMV. That compares to 72% for mobile point of sale, 68% for digital loyalty, 62% for semi-integrated payments solutions, 58% for integrated payments and 46% for e-commerce gateway.

Author: Staff Writer

Craig Keefner -- With over 40 years in the industry and technology, Craig is widely considered to be an expert in the field. Major early career kiosk projects include Verizon Bill Pay kiosk and hundreds of others. Craig helped start kioskmarketplace and formed the KMA. Note the point of view here is not necessarily the stance of the Kiosk Association or kma.global