CPI Card Group announced a new product line that supports MasterCard best practices for EMV debit card issuers in the U.S. CPI is targeting U.S. MasterCard debit cards.
The new products comply with all MasterCard requirements and Durbin specifications for U.S. debit cards. The specifications include supporting full data sharing across multiple application instances, providing merchants with debit transaction routing options.
By the end of this year nearly 60% of U.S. point-of-sale locations will be chip-capable. And the pace of implementation is accelerating, with 86% expecting to be chip-enabled by the end of 2015.
MasterCard had 181 million U.S. debit cards-in-force at the end of 2014.
CPI provides a range of contact and dual interface EMV solutions for debit and credit running on Java, Multos or Native operating systems.
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