|
 |
 |
 |
Launched in 1997 by the major networks, the EMV
standard will be in place in Europe by early 2005. A brief chronology.
|
1997: The new international EMV (Eurocard MasterCard
Visa) standard was defined by the major networks and the CB banking
community. 2001: Protocol Agreement signed
between the CB community and representatives of the retail sector
establishing the timeframe for adapting Eftpos terminals.
2002: First pilot transaction by EMV card in France.
2003: Signature of a rider to the 2001 protocol agreement
on the rollout of the CB5.2 version setting a new timeframe for the
migration to EMV.
2004: Migration to the EMV standard for bank cards, acceptance
equipment, Eftpos terminals, payment kiosks and ATMs. |
 |
| Back
to top of page |
| |
|
 |
|