MasterCard Advocates Credit Card Security in US with EMV Chip Cards

MasterCard Advocates Credit Card Security in US with EMV Chip Cards

MasterCard announced last week that U.S. banks and merchants need to transition to the EMV chip system to enhance credit card security. The announcement came in an open letter from Chris McWilton, President of MasterCard’s North American Markets on Jan. 8, released this week to financial institutions, merchants and other partners in response to the…