MAG Insights

Announcements from the MAG & Featured Articles

“EMV 'bum's rush' is a disaster for merchants and consumers” Article by Mark Horwedel, MAG CEO

The U.S. EMV experience is now a little over one year old. Most of the big banks have reissued EMV chip cards, although most merchants have still not completed their migration to EMV at the point-of-sale.

Counterfeit fraud has decreased, but lost & stolen fraud and on-line fraud have increased. Nearly everyone agrees the shopping experience has worsened with the introduction of EMV at the POS with uneven and unpredictable experiences and longer check-outs. Given the mixed results, many of us speculate on what could have been done better and question why the experience yielded such diverse outcomes for various constituents of the payments space.

Read the Full Article: 
https://www.paymentssource.com/opinion/emv-bums-rush-is-a-disaster-for-merchants-and-consumers