With the U.S. migration to EMV smart card technology underway and the payments landscape evolving more rapidly than ever, major card networks have been re-examining their roles to determine how best to serve acquirers, issuers and merchants in a way to improve consumer experiences.

Tim Murphy, chief product officer at MasterCard Inc., spoke to PaymentsSource about why the industry needs the EMV standard, as well as the various challenges facing his company as the payments ecosystem moves into a new, technology-driven era.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry