One year ago today, regulations surrounding liability for credit card fraud switched to encourage banks and stores to start using EMV (Europay, Mastercard, Visa) tech**logy, also k**wn as chip cards.*
Since the liability shift hit on Oct. 1, 2015, 33 percent of merchants have started accepting chip cards, Mastercard spokesperson for safety and security Beth Kitchener told Mashable. Eighty-eight percent of US-issued Mastercard consumer credit cards are **w equipped with EMV chips. * Read more...