October 1 marked a significant milestone as the US embarked upon a program to mandate adoption of the EMV (Eurocard/Mastercard/Visa) card security standard to further reduce crime. Many anti-fraud and security professionals question whether the US has gone far enough with a chip-only solution instead of the European chip and PIN approach. With the right equipment and training in place, retailers could see a dramatic decrease in fraud. In the UK implementation of EMV in the UK resulted in a 72% decrease in face-to-face card fraud.”]
Source: https://informationsecuritybuzz.com/articles/emv-transition-considerations-for-security-pros/