EMVCo Reports Over Half of Cards Issued Globally Are EMV®-Enabled |
19 April 2018 Aggregated data published by EMVCo shows that by the end of 2017 546 of all cards issued globally were EMV -enabled The number of EMV payment cards in worldwide circulation increased by 1 billion over the previous 12 months to a total of 71 billion The data demonstrates that 637 of all card-present transactions conducted across the world between January and December 2017 used EMV chip technology increasing from 524 in 2016 Given the dynamic nature of some regions more recent data is likely to reflect higher overall adoption rates and transaction volumes than the total for 2017 Both EMV chip card issuance and EMV chip transactions surpassing 50 globally is testament to the increasing maturity of the worldwide infrastructure and a significant milestone for the payments community comments Jack Pan EMVCo Executive Committee Chair EMVCo continues to work closely with payment stakeholders to evolve the EMV Specifications to provide a secure interoperable foundation for emerging technologies across face-to-face and remote environments To stay informed of the latest EMVCo developments and receive advanced access to EMV Specifications and related documents join the EMVCo Associates Programme or become a Subscriber Regional EMV chip card adoption rate Africa and the Middle East 748 Asia Pacific 457 Canada Latin America and the Caribbean 857 Europe Zone 1 844 Europe Zone 2 714 United States 585 Percentage of card-present transactions that are EMV Africa and the Middle East 909 Asia Pacific 544 Canada Latin America and the Caribbean 885 Europe Zone 1 986 Europe Zone 2 904 United States 412