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An article relating to this blog post on Finextra:

ECB calls for chip-only cards

To cut fraud, cards issued in the single euro payments area (Sepa) should only use chips, not mag-stripes, says the European Central Bank (ECB).

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EMV compliance is the core of the SEPA Cards Framework

Why is there a debate about this? The SEPA Cards Framework v1.0 was accepted on 21st September 2005 by the industry.


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