Migrating U.S. Debit to EMV cards will be an ongoing challenge for banks and credit unions. Merrill Halpern of the United Nations Federal Credit Union, a pioneer in the use of chip credit cards, says migration will be ongoing challenge. “If savings [are] going to be passed on to consumers, it has to come out of somebody’s pocket,” he says. “I think to a large extent, the current practice that many very large financial institutions have of negotiating custom deals is going to continue””]
Source: https://www.cuinfosecurity.com/migrating-us-debit-to-emv-a-6787