The Edge Blog | Payments Industry Observations | Paragon Application Systems

Get Used to EMV. It's More Than a Passing Fad.

Written by Payments Source | April 20, 2016

In this featured article, our director, Deborah Spindle, discusses the inevitability of EMV.

On any given day, there are countless articles circulating about the issues associated with EMV and how it will soon be replaced by the next big thing. However, EMV is here to stay, and, despite some who claim otherwise, that’s a good thing.

Yes, there are challenges that accompany the shift to EMV. Networks, financial institutions and merchants expend significant amounts of time and money upgrading software, ATMs and POS terminals, and retraining their staff.