Keep holidays happy with EMV education

first_imgEMV chip cards continue to roll out across the marketplace. As they do, so, too, do stories of varied consumer experiences at point of sale (POS) terminals.With the holiday spending season quickly approaching, EMV cardholder and merchant education is, arguably, more important than ever. Statistics show consumers rely heavily on credit and debit cards for holiday gift buying. In fact, 76 percent of consumers named plastic as their primary payment method during the 2014 holiday shopping season. Some industry insiders are predicting bottlenecks at the checkout line this holiday shopping season, due to potential consumer confusion at the EMV chip card POS.TMG recommends financial institutions (FIs) empower cardholders and merchants with the following best practices related to EMV chip card transactions. continue reading » 19SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img