June 16, 2016Blog Posts

AmEx latest card network trying to make EMV transactions quick

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.

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