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https://en.wikipedia.org/wiki/EMV
Visa and Mastercard have also developed standards for using EMV cards in devices to support card not present transactions (CNP) over the telephone and Internet. Mastercard has the Chip Authentication Program (CAP) for secure e-commerce. Its implementation is known as EMV-CAP and supports a number of modes.
https://fiscal.treasury.gov/files/cas/EMV_Merchant_101.pdf
EMV has become the world-wide standard and both U.S. neighbors, Canada and Mexico, have EMV mandates effecting U.S. multi-national retailers. EMV is the stepping stone to the future of payments due to its dynamic data authentication (Contactless, Mobile).
https://www.emvco.com/about/deployment-statistics/
The statistics below show worldwide EMV ® Chip Card deployment figures as of Q4 2016, 2017, and 2018. The figures represent the latest statistics from American Express, Discover, JCB, Mastercard, UnionPay, and Visa, as reported by their member financial institutions globally. It should be noted that, globally, 58.7% of issued Cards are EMV.
CHIPSO EMV CHIP SOFTWARE CHARACTERISTICS : -Support ARQC dynamic bins / SDA static :-Cryptogram /bank keys-Rsa keys-Global platform communicate with pos to make approval / support all countries-Support J2a J3a 40 80k new generation cards / …
https://www.emv-connection.com/emv-faq/
EMV is a trademark, and in some countries a registered trademark, of EMVCo LLC. Secure Technology Alliance is using the EMV mark under a license from EMVCo, but otherwise it is not affiliated or associated with EMVCo, and the content of the site is not endorsed by EMVCo.
https://www.quora.com/What-countries-mandate-EMV
This is the reason why ATM adaption of EMV often is lagging and the reason why the incentive to move to EMV in the POS are slow. Typical examples would be the countries where the business model for POS are quite different and where you have a huge domestic base and comparative little international usage. (India & China)
https://www.aciworldwide.com/-/media/files/collateral/trends/emv_online_versus_offline_pin_validation_and_transaction_authorization_tl_us_1112_5058.pdf
parts of Europe have chosen to support offline PIN validation, and in some cases, offline authorization for certain transactions. As merchants in the U.S. continue to accept convenience payments without a signature or PIN, there is a belief that the offline provisions of EMV will take hold inside the U.S., especially as the market
https://www.firstdata.com/en_us/insights/emv-chip-card-technology.html
EMV is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC. “Worldwide EMV ® Deployment Statistics,” emvco.com, April 2019 “Chip technology helped reduce card-present counterfeit payment fraud by 76 percent,” Visa, December 2018 “Signature Optional!”
https://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php
Aug 29, 2017 · However, chip-and-PIN cards are the norm in most other countries that support EMV technology. So consumers with chip-and-signature cards may find some merchants who are unwilling or unable to process their card, even though it does have an embedded chip.
Supported by dozens of banks, merchants, processors, vendors and other industry stakeholders, EMVCo manages and evolves the EMV ® Specifications and related testing processes. This includes, but is not limited to, card and terminal evaluation, security evaluation, and management of interoperability issues.
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