Only 29 percent of U.S. merchants can accept EMV cards with chip chips, report says. EMV chip was intended to prevent onsite fraud, but it just migrated to online and account opening fraud. Retailers need to take additional steps to protect their consumers data in several different ways. The migration of fraud from point of sale to card-not-present fraud doesn’t come as a great shock, said Smrithi Konanur of HPE Data Security.”]
Source: https://www.csoonline.com/article/3138494/emv-fraud-mitigation-or-migration.html