U.S. Bank: First to Launch Dual EMV Chip and Contactless Credit Card

U.S. Bank launched its new U.S. Bank FlexPerks Travel Rewards Visa credit card with multiple payment processing (Visa payWave, EMV chip, and magnetic stripe). In countries outside of the US, the transition away from magnetic stripe cards towards cards that have embedded EMV lowered the risks for fraud. J.P. Morgan Chase and Wells Fargo Bank are currently in the testing phases of the EMV cards. Click here for more information.

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