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In the Europe 25 Member States, the migration
to EMV is proceeding everywhere but at differing rates. Overview.
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While all European countries have begun migrating to EMV, they are
not all progressing at the same pace, nor have they achieved the same
level of completion. According to data released by the EPC (September
2004), the United Kingdom is leading the way in the Europe of Fifteen
(EU15) : 65% of its bankcards, 70% of its Eftpos terminals and 81%
of its ATMs have migrated to the new EMV standard. Austria and Denmark
have also made significant progress in migrating their bankcards (respectively
57% and 67% of their cards are now EMV standard). At the opposite
end of the scale, countries like Ireland, Spain and Portugal are much
further behind in their migration. In all, 27% of bankcards, 18% of
Eftpos terminals and 31% of ATMs have migrated to EMV within the Europe
of Fifteen (EU15). |
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