© 2015 STR, Inc. All Rights Reserved. illustrations: jon edwardsSource: Visa

1 October 2015 was the official kickoff requiring chips in credit cards in the United States. It typically takes a few years to reach critical mass, but data from Visa suggests progress and momentum as banks issue more cards, businesses activate chip terminals and consumers

increasingly make secure chip transactions.

C H I P A N D P I N C A R D MOMENTUM IN THE U.S.

C H I P C A R D S I N T H E U . S .141.9 MILLION

I N B R A Z I L129 MILLION

I N U N I T E D K I N G D O M124 MILLION

T H E R E W E R E N E A R LY

60 MILLION T R A N S A C T I O N S T O T A L I N G M O R E T H A N

$3.6 BILLIONI N PAY M E N T V O L U M E I N A U G U S T

Consumer and business awareness is also high. About 89% OF CONSUMERS and 95% OF BUSINESSES are aware of the move to chip cards.

*Data as of 31 August 2015

301,000 MERCHANT LOCATIONS A R E C H I P - R E A D Y ( 5 4 7 % Y E A R - O V E R - Y E A R I N C R E A S E )

A B O U T H A L F O F T H E PAY M E N T V O L U M E T O O K P L A C E A T S M A L L B U S I N E S S E S