The countdown to EMV implementation has officially Begun. Here are some key players and facts and statistics

  • Point of Sale (POS) registers are impacted by the October 2015 liability shift deadline
  • Target- completed updating all of their 1,801 stores with EMV POS devices
  • Walmart and Sames club will have activated EMV readers November 1st
  • Home Depot is in the process of upgrading 85,000 POS terminals
  • American Express is set to launch a 10 million dollar program to help small businesses upgrade their POS terminals
  • Visa is expected to launch a 20 million dollar program to educate consumers and merchants on the importance of chip technology
  • Over 100 Million EMV cards are expected to be issued by the end of 2014

EMV POS terminal