Is the New EMV Technology Worth It? Probably Not!

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EMV Card Breaches in Europe??

I wonder how secure EMV cards have been in Europe, since they have already had years of experience??

Ross Beasley more than 1 year ago

EMV is a tough pill to swallow

Not only are businesses being forced to upgrade to EMV compliant terminals in order to stay compliant and "avoid" the liability shift but currently we have only about a 30% adoption rate, meaning only about 30%, maybe less of the population are carrying these cards and only 50% in Canada where EMV has been out considerably longer than here in the states. To make matters worse, Visa/MC has to certify the terminals that are being shipped out, the majority of the standard terminal being used in smaller/mid sized business are not even certified as of yet so the EMV/Chip readers are not even ready

Brandon Morris more than 1 year ago

Chip & Signature not the same as Chip & Pin

I don't think they went far enough with EMV. In Europe, their chip cards require a pin. Most of ours only default to chip and signature and only a few will require a pin (automated kiosks, etc.). If all US cards required a pin number, they would be safer. Unfortunately, people can't even remember their passwords, and even then, they are very unsafe passwords.

Brett Barry more than 1 year ago

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