Visa Expands U.S. Roadmap for EMV Chip Adoption to Include ATM and a Common Debit Solution

Visa to Make Technology Available to Debit Issuers and Networks to Facilitate Issuer Flexibility and Merchant Routing Choice

FOSTER CITY, Calif., Feb. 4, 2013 /PRNewswire via COMTEX/ — Visa Inc. today announced its support for a common U.S. debit solution and an expansion of Visa’s previously announced roadmap for EMV (Europay MasterCard Visa) chip card adoption in the United States to include a migration path for ATM transactions. To help facilitate chip adoption and issuer compliance with U.S. debit regulations, Visa plans to provide some of its proprietary EMV chip technology to the industry. This approach will simplify EMV chip implementation for debit, reduce migration costs and increase flexibility for card issuers, acquirer processors more  . . .