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EMV global payment standard will drastically reduce credit-card fraud in the US
With the Europay, MasterCard and Visa (EMV) global standard for credit and debit cards poised to be adopted in the US (there is an April 2013 migration deadline), analysts at Frost & Sullivan say that credit card payments will become…
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With the Europay, MasterCard and Visa (EMV) global standard for credit and debit cards poised to be adopted in the US (there is an April 2013 migration deadline), analysts at Frost & Sullivan say that credit card payments will become much more secure. Almost half of the world’s credit card fraud last year (46%) took place in the US, where the easily compromised magnetic stripe still rules the day.