Paying with chip gets a speed boost

Time spent paying with a chip card just got a whole lot faster. Quick Chip for EMV, a specification enhancement from Visa, enables customers to dip and remove their EMV chip card at checkout in about two seconds or less. They can even do so before the transaction is complete (while the salesperson is still ringing up the items).
The game-changing technology is free-of-charge to payment processors, acquiring banks and other payment networks and requires only a simple software update to the merchant’s terminal or point-of-sale system. Merchants already EMV-compliant can be up and running in minimal time as the upgrade requires no changes to their routing or transaction handling or additional Visa or EMVCo testing.

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