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Payments News » U.S. Merchants Enabled 600,000 New Locations for Chip Card Acceptance in 2019’s First Half

“U.S. merchants added 600,000 locations for EMV chip card acceptance in 2019’s first six months, and Visa issuers cranked out an additional 10 million EMV payment cards, according to new figures from Visa Inc. In its latest update on the U.S. conversion from magnetic-stripe payment cards to the EMV chip card standard, Visa reported Wednesday that 3.7 million U.S. locations in June accepted EMV cards, compared with 3.5 million in March and 3.1 million last December. Some 80% of storefronts now accept chip cards, up from 75% and 68% in March and December, respectively, according to Visa.”

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