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Test your knowledge and learn more about the newest mandates in the financial technology industry!

How Much Do You Know About EMV?

What does EMV stand for?

When will this become mandatory?

True 

The U.S. region—the largest user of payment cards in the world—is the last major hold-out for implementing the global standard for EMV. 

What can merchants do now to prepare?

Not only will American travelers be able to use their cards abroad, but foreign travelers coming to the U.S. can use their cards here.

Which country was one of the earliest adopters of EMV?

What can card issuers do now to prepare?

What will be one of the biggest issues for implementing EMV in the United States?

True

Industry experts are concerned that losses will rise as fraud migrates to the U.S. from smart card-enabled countries. 

Consumers will be able to use their cards as they travel internationally without fear of payment rejection

Which one of these statements is a positive development that will come from implementing EMV?

If you have questions about implementing EMV or if you need any additional information contact our experts at Payscape!   
www.payscape.com

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How Much Do You Know About EMV?

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