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Fraud-resistant payment methods have been around in Europe for many years and now America has finally come around to bringing the technology to the states. Europay Mastercard Visa (EMV) represents a global standard for ensuring the security of chip-based credit and debit cards.
The implementation of the EMV payment method in the United States may not be here before the 2015 deadline because of the lack of education to retailers and consumers. A recent report came out with information that education is lacking for consumers and retailers because no one is teaching them about the EMV-chip cards.
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