Monday 16 November 2009

"Anomalies" in Spain Speed up EMV Transition

It's not really clear what has happened there. It seems that massive amounts of credit card data were lost at a spanish credit card processor. New cards are sent to customers. At least some of these actually have an EMV chip. Another nail in the coffin of the obsolete magnetic stripes.
Update: Tonight it was in the news: more than 100 000 cards have been exchanged.

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