EMV Technology for Debit Cards a Much More Difficult Challenge
Why is implementing EVM technology lagging behind credit cards? As a result of theĀ Durbin Amendment to the Dodd-Frank Act, debit cards in the U.S. must support routing to two different unaffiliated networks. EMV technology was developed to process EMV transactions for a single proprietary network. The challenge now is to bridge that gap. [10/14/15]