July 26, 2017Blog Posts

US Payments Forum Summer 2017 Market Snapshot: Chip-on-Chip Transactions Increasing

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The U.S. Payments Forum released its summer 2017 market snapshot, providing updates on the continuing progress of the U.S. EMV migration, improvements in the consumer’s chip transaction experience at the point of sale (POS), and priorities for the second half of 2017 to focus on unique chip migration challenges in merchant segments, such as hospitality and restaurants. The global payment networks also report that approximately 50 percent of merchants are now enabled for chip, which is on par with estimates shared by The Strawhecker Group in April.

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