Bank Card Liability Shifts

  (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.