AmEx will make its contribution to the US transition to chip cards

Mon 10 Nov 2014

American Express is about to launch a campaign for $ 10 million, which aims to help small American traders to install terminals for accepting chip cards by October 2015. This date is adeadline for US migration to EMV standard of card payments. Within the program, which starts inFebruary, Amex will reimburse small traders $ 100 after they upgrade their POS-terminals tosupport EMV.