45% of World’s Payment Cards Are Now EMV Compatible

There are 1.5 billion EMV payment cards in circulation and 21.9 million EMV terminals active worldwide, representing a 45 and 76 percent share of the market respectively, according to new data from EMVCo noted by Finextra.

Jointly owned by American Express, JCB, MasterCard and Visa, EMVCo manages international specifications for EMV implementation to ensure the standard’s global success.

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