(dates of intra-regional liability shifts, by region)
VISA
Asia Pacific 2006
Canada 2010
Central/Eastern Europe, Middle East, Africa 2006
Europe 2005
Latin America/Caribbean 2 years after 50% of regional credit card sales volume is chip-based. Critical mass expected in 2008
U.S. No current plans to support EMV
Note: As of June 2004, European Visa members had issued 64 million EMV cards. Source: Visa International
MASTERCARD
Asia/Pacific January 2006
Canada Indefinite
Latin America/Caribbean January 2005
Europe January 2005
South Asia & Middle East Africa January 2006; January 2005 for South Africa
U.S. No current plans to support EMV
Note: At end of 2004's third quarter, Europe had 55 million MasterCard EMV cards. Source: MasterCard International.
