The introduction of chip-and-PIN card technology in the United States improved in a significant way the security of merchants and has reduced payment card fraud. The number of storefronts that currently accept payments with chip cars has reached 2.7 million in the U.S. (+570%), representing 59% of the total. The cases of counterfeit fraud had dropped by 70% in September 2017 compared to December 2015 thanks to the diffusion of the diffusion in the. storefronts of payment systems for EMV cards.”]
Source: https://securityaffairs.co/wordpress/69575/reports/visa-chip-cards.html