“Contact EMV chip technology is now well-established in the U.S. – 63% of in-store payment terminals are chip-enabled, and 68% of total transactions today are chip-on-chip. As a result, key aspects of implementation such as testing and certification processes for in-store terminals have stabilized. While merchants are continuing to upgrade existing terminals and/or obtain recertifications, timelines have normalized and those in need of testing better understand how to build the process into their implementation plans.”

“Other data in the report Visa issued Tuesday is for September, and some of it indicates a lull or even slight decline in EMV activity over the summer. In addition to no apparent growth in EMV-accepting merchants, dollar volume on Visa EMV cards declined from $76.7 billion in June to $72.4 billion in September. The September EMV transaction count was 1.7 billion, unchanged from June. Some 98% of Visa’s overall September payment volume was on EMV cards, however.”

“With fraudulent chargebacks on the rise and the onus of liability shifting to the restaurant operators for non-EMV compliant payments, The Saltwater Grille chose to install TableSafe’s EMV-certified RAIL™ payment platform, instead of investing in an entirely new POS system. Before installing TableSafe’s platform, The Saltwater Grille was not equipped to accept EMV payments and experienced two to three chargebacks a week.”

“The GoChipNow Solution makes it simple for anyone who previously purchased any magnetic stripe reader (MSR) devices to upgrade to chip-enabled EMV®. The solution provides a “plug and play” process that is as simple as unplugging the MSR device and plugging in the EMV® device. Users can then log into the Worldnet browser-based virtual terminal to start accepting EMV® payments without having to install and upgrade software or purchase expensive hardware.”