The U.S. payments infrastructure will come up short of completing the rollout of EMV technology by the Oct. 1 fraud liability shift date. Experts say progress is sub-par, few will even offer updated estimates on the quantities of chip cards or EMV-ready POS terminals that have been rolled out so far. Visa estimates 127 million Visa-branded chip cards had been issued and 295,000 merchant locations had installed EMV compliant POS terminals. The Merchant Advisory Group, which represents 85 of the country’s leading merchants, estimates that only 20 percent of 13.9 million POS devices will be EMV capable by October.”]
Source: https://www.cuinfosecurity.com/emv-us-will-miss-oct-deadline-a-8531