Over 1/2 Of Cards Issued Are EMV-Enabled Posted by Association of Vermont Credit Unions on 10:13 AM

As reported by Pymnts.com, 54.6% of all cards issued globally by the end of 2017 were EMV-enabled. In addition, the number of EMV payment cards in circulation around the world increased by 1 billion over the previous 12 months to a total of 7.1 billion.

Data also shows that 63.7% of all card-present transactions made around the world between January and December 2017 used EMV chip technology. That is an increase from 52.4% in 2016.

Regionally, EMV chip card adoption is highest in Canada, Latin America and the Caribbean, followed closely by Europe Zone 1. The United States is in 2nd to last place.