What is EMVCo?

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What is EMVCo?

Accepted Answer

**EMVCo** is the global technical body responsible for developing, managing, and enhancing the EMV Specifications to facilitate the worldwide interoperability and acceptance of secure payment transactions. Jointly owned by six major international card networks—American Express, Discover, JCB, Mastercard, UnionPay, and Visa—EMVCo's work ensures a consistent and secure foundation for chip-based and digital payments across the globe.

EMVCo

What is EMVCo?

What is EMVCo and how does its governance structure influence global payment standards?

How have EMVCo's chip specifications significantly reduced payment fraud and improved transaction security?

Beyond physical cards, what is the scope of EMVCo's specifications in modern digital and mobile payments?

What are the current global deployment statistics for EMV technology and what do they indicate about market penetration?

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