EMVCo Newsletter: Q3 2023

Message from the Chair of the EMVCo Board of Managers As we enter the final quarter of the year, we are excited to share our progress in several key areas. The latest EMV® Chip data demonstrated consistent and sustained growth in deployment and adoption around the world, reflecting the foundational role the technology plays in enabling reliable, familiar and trusted contact and contactless payments. EMVCo’s proven ability to support secure and seamless payments around the world underpins new initiatives. This includes the formation of the Electric Vehicle Open Payments Task Force to explore how EMV payment technology could help promote convenient payments at charging points, as well as the release of draft EMV Click to Pay Customer Experience (CX) Guidelines to help simplify online checkout. With a host of other activities also underway, the EMVCo community – as always – will continue to play a pivotal role in shaping the evolution and advancement of the EMV Specifications. I look forward to engaging with you all during my time as Chair, and I would also like to thank Jonathan Main for his drive and commitment throughout his 12 months in the role. Below you will find a recap of key EMVCo news, technical updates and activities from the third quarter, and a snapshot of the latest educational resources available to support understanding of EMVCo’s work. We encourage you to share this newsletter with your colleagues and industry peers. Carey Ferro Chair of EMVCo Board of Managers, 2023 - 2024 Upcoming Meetings Associates and Subscribers(*) can register for the following sessions via the EMVCo website. Board of Advisors Meeting, 10-12 October 2023, Nashville, USA EMV 3DS Special Interest Meeting, 13 November 2023, Barcelona, Spain Technical Meeting, 14-15 November 2023, Barcelona, Spain Biometrics Special Interest Meeting, 16 November 2023, Barcelona, Spain Board of Advisors Meeting, 5-7 March 2024, Melbourne, Australia Technical Meeting, 15-18 April 2024, Phoenix, USA EMV User Meeting, 18-19 June 2024, Copenhagen, Denmark Board of Advisors Meeting and Technical Meeting, 14-17 October 2024, Lisbon, Portugal All meeting dates for the remainder of 2023, and 2024 planned meetings, are listed on the Associate Dashboard. Not yet an EMVCo Associate? Find out more about how to participate. Recent additions to the EMVCo Associates Programme (EAP) include Infineon, WEX, STMicroelectronics and TTA. News EMVCo Reports Nearly 13 Billion EMV® Chip Cards in Global Circulation Data published by EMVCo shows that at the end of 2022, 12.8 billion EMV Chip cards were in global circulation – a 7% increase compared to the previous twelve months. EMVCo data also shows that 69% of all issued cards are EMV-enabled and 93% of all card-present transactions conducted globally used EMV Chip technology. Read the press release here. EMVCo Releases Draft EMV® Click to Pay Customer Experience (CX) Guidelines for Public Review EMVCo has released the draft EMV® Click to Pay Customer Experience (CX) Guidelines for public review and feedback. The draft guidelines aim to support merchants, payment service providers, product owners, developers and CX designers in simplifying online checkout and making it more consistent, convenient and secure. This can help merchants to reduce fraud and lower cart The draft guidelines follow the introduction of the ‘Merchant Orchestrated Checkout Model’ in Version 1.3 of the EMV SRC Specifications, where the payment experience and interaction are developed by the merchant or their payment service provider. This model enables the merchant to integrate the user experience and manage customer recognition. The draft EMV Click to Pay CX Guidelines can accelerate the development and implementation of consistent Click to Pay solutions. The guidelines offer interactive, easy-to-follow sample screens and key use case flows, and link to the software devel