EMV card payment processing technology is popping up in more stores than ever before, and adoption is continually rising. What else should you know about EMV this year?
2016 marked the first full year of EMV adoption for U.S. retailers. While only 29 percent of businesses adopted EMV last year, that number is expected to jump to 98 percent by the end of 2017.
Consumers will also help encourage the adoption of EMV, especially now that most consumers have a chip-enabled credit or debit card.
2017 will be a big year for EMV, and now is the time for retailers to transition.