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Thread: USA issuers announce EMV cards (Chip & PIN -or- Chip & Signature).
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Old Feb 1, 2012 | 1:58 pm
  #624  
kebosabi
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VeriFone's (one of the makers of credit card POS devices) response to Mastercard's recent push for US to switch to EMV:
http://www.mobilewaytopay.com/2012/0...s-emv-roadmap/

Seems like a difference of opinion on which EMV to use, VISA and MC prefers Chip-and-Signature, Verifone and merchants want Chip-and-PIN.

OTOH, at least VISA, MC, POS makers, and merchants are starting to agree that EMV is a better way to go. That's a big start to get things rolling. The question still remains to do it via PIN or via Signature though.
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