TSG has been closely monitoring COVID-19 as it spreads worldwide. As the situation evolves, the health and safety of our staff, clients, and partners is the top priority. TSG ensures business continuity for its clients and partners. We want to assure you that our support for the payments industry will continue through this time of uncertainty – we are here for you. Please email us with any questions or concerns.

April 17, 2016Blog Posts

Retailer Adoption of Chip-Enabled Credit Cards Is Sluggish

The adoption of chip-enabled or EMV cards by retailers has been painfully sluggish despite the ability of the technology to provide more secure transactions. While 70% of U.S. credit cardholders have a chip credit card, estimates demonstrate that only 22% to 37% of retailers have implemented the technology to accept these cards, said CreditCards.com, the Austin-based online credit card marketplace. The deadline set by the credit card industry was October 1, 2015 for converting to these new cards, which are intended to thwart hackers from accessing consumer accounts and personal details.


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