EMV cards are coming to the United States. Card issuers are migrating to chip technology, and many large merchants are going to be ready with chip-enabled point-of-sale devices by the deadline (generally October 2015) imposed by the card associations (Visa, MasterCard, Discover and American Express). Before you know it, cards with embedded microprocessor chips will be as prevalent in the U.S. as they are in Europe.
Read about the changes in the latest On the Money, by Richard S. Marcus of Godfrey & Kahn S.C., which appears in the new issue of BizTimes Milwaukee.
