Mogul of Pineapples
- Centurion Member
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- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
EMV (name comes from the first letters of Europay, MasterCard, and Visa who are the owners) announced a couple days ago that American Express has came on board as the fourth owner of the company, EMVCo. They set standards for microchip cards. They use the EMV chip which is that small 3 by 5 mm computer chip you see on some credit cards, but you see it much more often in Europe then you do on cards in the United States.
What does Amex joining EMVCoin the US? This could mean that we start seeing those microchips on their credit and charge cards, especially the Blue Card which currently uses its own version of a microchip on it.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
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