Over half of cards issued globally are EMV-enabled, EMVCo finds

According to the report, the number of EMV payment cards in worldwide circulation increased by 1 billion over the previous 12 months to 7.1 billion. The data also demonstrates that 63.7% of all card-present transactions conducted across the world between January and December 2017 used EMV chip technology, increasing from 52.4% in 2016. 

In addition, the report uncovers the following:

Regional EMV chip card adoption rate:

• Africa and the Middle East: 74.8%
• Asia Pacific: 45.7%
• Canada, Latin America and the Caribbean: 85.7%
• Europe Zone 1: 84.4%
• Europe Zone 2: 71.4%
• US: 58.5%

Percentage of card-present transactions that are EMV:

• Africa and the Middle East: 90.9%
• Asia Pacific: 54.4%
• Canada, Latin America and the Caribbean: 88.5%
• Europe Zone 1: 98.6%
• Europe Zone 2: 90.4%
• US: 41.2%

The Worldwide EMV Deployment Statistics is based on data obtained by American Express, Discover, JCB, Mastercard, UnionPay and Visa.

the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright