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Debit Committee Faces Pressing EMV Issues

PaymentsSource | Wednesday, December 12, 2012

An EMV Migration Forum committee studying the complex details surrounding the conversion of PIN debit networks to handle EMV chip-card payments in the U.S. has "the highest level of urgency" of any of the forum's study groups.

Randy Vanderhoof, acting director for the EMV Migration Forum and president of the Smart Card Alliance, shared that assessment with PaymentsSource when highlighting details of the forum's second meeting last week at Visa Inc.'s headquarters in Foster City, Calif.

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