ATM owners and operators have been urged to begin planning for U.S. EMV chip migration as soon as possible to protect themselves from potential fraud losses. To assist with the migration, the EMV Migration Forum today released a comprehensive white paper to serve as an educational guide for ATM providers, acquirers, processors and vendors preparing to implement EMV at the ATM in the U.S.
Even though widespread EMV-enabled cards and subsequent adoption will first come from the credit card market, debit cards (which are typically used in ATMs) will follow closely along. For those ATM deployers expecting to see an increase in EMV-enabled cards (particularly those near international travel and entertainment areas), it would make sense to become familiar with EMV migration issues and timelines as soon as possible so they can make appropriate migration plans.
Overview by Ed O’Brien, Director, Banking Channels Advisory Services
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