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Monday, November 17, 2014

US credit card issuers accelerate EMV chip promotion

The firm said it has observed dramatic increases in direct mail acquisition offers promoting microchip-enabled credit cards, known as EMV, since the beginning of 2014, and expects this trend to continue. Competiscan said that EMV mentions within direct mail acquisition pieces from issuers surged from under 3% of all credit card estimated mail volume in the first quarter of 2014 to more than 33% in the third quarter.

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