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Chip Cards Finally in US Mailboxes: EMV Primer and Migration Timeline

US Consumers are finally climbing up the ladder as it relates to payment card technology. US banks have been sending their cardholders new cards with shiny new chips on them, along with educational inserts and helpful email communications. POS terminals with EMV card slots have been showing up at retailers for some time now, but it’s been possible to use the new cards in those new slots since only recently and in only a few places. There are no signs of any mass confusion just yet and the world is not quite coming to an end, yet it remains to be seen how quickly we will transition to ubiquitous usage of the new insertion slot vs. the old swiping slit.

As we get close to the day of reckoning, October 15 2015, we thought a quick primer and time ...

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