EMVCo has reported official figures showing a global increase in EMV payment cards of 1.4 billion last year. At the end of 2015, there were 4.8 billion payment cards worldwide, compared with 3.4 billion at the end of 2014.
The EMV standards-setting body also has reported that, globally, 35.8 percent of all card-present transactions conducted in 2015 used EMV chip technology, up from 32 percent over 2014.
According to an EMVCo press release, these statistics highlight the increasing adoption of EMV chip cards in mature markets. Year-over-year adoption rates are as follows:
In terms of the percentage of card present transactions using EMV chip cards, the rates were:
The EMVCo release did not cite figures for the U.S., where EMV liability shifts did not come into play until October 2015.
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Privacy PolicySeptember 9-11, 2024 | Charlotte, NC