Monday, January 23, 2012

Singapore setting the pace

"EMV CHIPS FOR ATM CARDS BY 2014

Over the next three years, magnetic stripe technology will be gradually phased out here. The ATM and Nets point-of-sale infrastructure here will be fully upgraded for ATM cards and ATM-linked debit cards to adopt EMV (which stands for Europay, MasterCard and Visa ) chip technology."

read more: http://www.todayonline.com/Singapore/EDC120121-0000065/Banks-act-to-secure-greater-peace-of-mind

No comments:

Post a Comment