Visa Recommended Practices for EMV Chip Implementation in the U.S. Summary
As issuers, acquirers, merchants, processors and vendors plan and begin programs to adopt chip technologies, Visa has developed recommended practices to provide guidance on the implementation choices that seem most appropriate for the U.S. market and facilitate reduced complexity, cost and time to market.
Issuer
Acquirer
Chip Vendors
Chip Card Vendors
Chip Terminal Vendors
Chip Card Personalization Bureaus
Other
Overview
On 9 August 2011, Visa announced plans to accelerate contact and contactless EMV chip technology migration in the U.S., and provided a roadmap to help guide industry investments in payment infrastructure. Investments in chip technology will accelerate the adoption of mobile payments, enhance international card acceptance and improve security through the use of dynamic authentication elements.
Overview of Recommended Practices
EMV, a globally interoperable industry standard for chip payments, is a flexible platform designed to meet the diverse needs of stakeholders worldwide. To provide guidance and help reduce complexity, cost and time-to-market, Visa has developed a set of recommended practices for issuers, acquirers, merchants, processors and vendors in the process of planning, adopting and implementing chip technology programs in the U.S.
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