Visa reports EMV rise in US

August 2016
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Visa has reported 326.8 million chip cards in the US in June 2016, outrunning the number of people who are living in the country.

The US added more than 100.000 chip-enabled merchant locations in June 2016, bringing the total to 1.3 million, or about 28% of the total merchant population, according to Visa, nfcworld.com reports.

More than three-quarters of those chip-ready locations are small and medium-sized businesses. In June, 2016 one in four dollars spent in-store on a Visa card was spent with a chip card in a chip terminal.

The number of Visa chip payment transactions reached 483 million in June 2016.