September 2016: According to NACS Online- EMV implementation is a major issue for the convenience and fuel retailing industry. As of October 1, 2016, U.S. EMV deployment will take place at the ATM and with the October 1, 2017, EMV liability shift looming for automate fuel dispensers, many U.S. convenience store operators are preparing for the switch.
August 2016: NFC World News is reporting that eight out of ten Mastercard US consumer credit cards now include chips, representing an 88% increase in EMV adoption since the October 2015 liability shift.
July 2016: Number of EMV Chip Payment Cards in Global Circulation Increases to 4.8 Billion” – EMVco – “Global technical body EMVCo today reports sustained growth in the worldwide adoption of EMV chip technology. Official figures of aggregated data show that by the end of 2015, the number of EMV payment cards in global circulation increased, year on year, by 1.4 billion to 4.8 billion.”
June 2016: According an April 2016 report by The Strawhecker Group, small and midsized merchants saw a 31 percent increase in the number of chargebacks right after the liability shift took effect.
May 2016: According to a study released by CardHub, all 10 of the largest credit card issuers are in the process of issuing chip-based credit and debit cards and expect the majority of their portfolios to be updated by the end of 2016