Visa is pushing EMV chip terminals in all parts of the world except the U.S. The program aims to fuel dynamic data authentication through the continued deployment of EMV ch terminals. The program will eliminate the requirement that merchants must validate their compliance with the Payment Card Industry Data Security Standard. The focus will be on other, similar payment technologies, like mobile, that offer similar security benefit, says Eduardo Perez. Perez: “Just the fact that we see that fraud rates remain low and stable, and on a global basis, on a stable basis””]
Source: https://www.inforisktoday.com/answer-to-card-fraud-a-3419