Mobile Payments Today
American Express is the latest card network putting its best foot forward to try and reduce U.S. EMV transaction times with a software update at the physical point of sale. AmEx Quick Chip is available to merchant processors, who can deploy the service to interested U.S. merchants through a software update to their EMV-enabled payment terminals, according to a press release. The software update lets cardholders dip and remove their AmEx chip card from the terminal before the transaction is complete.