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It is a joint effort between Europay, MasterCard and Visa to ensure security and global interoperability so that Visa and MasterCard cards can continue to be accepted everywhere. Europay International SA was absorbed into MasterCard in 2002. JCB (formerly Japan Credit Bureau) joined the organization in December 2004, and American Express joined in February 2009. IC card systems based on EMV are being phased in across the world, under names such as “IC Credit” and “Chip and PIN”.
Vantiv IP (Mercury) Canada now supports the VeriFone Vx820 pinpad which will support Contactless EMV for following card brands
Support for Mastercard “2” BIN range
Chase Paymentech Canada System Five is now certified to use the Paymentech platform with the vx810 PINPads System Five version 6.0.70.14 and Datacap Netepay Version 5.03 Merchants will be required to purchase or rent new verifone vx810 pinpads from Paymentech.
Moneris System Five is certified for EMV transactions using the VX810 and datacap netepay version 5, however the vx810 is in limited supply from Moneris.
Global Payments Canada Windward Software has now released a Semi-integrated solution using the Verifone Vx570 Payment Terminal or Vx810 Duet. This solution uses a Serial port to perform limited sales transactions using the payment terminal. Merchants must use System Five version 6.0.0.83 or greater.
Elavon Payment Solutions does not have an integrated debit or EMV solution in Canada.
Card not present transactions EMV only supports card not present transactions by entering the card number directly through the PIN Pad. Merchants who require card not present transactions such as e-commerce, rolling rentals, re-occurring contracts/rentals, card stored on file are advised to keep or activate a non-emv credit card merchant account. Non-truncated card numbers are not returned in EMV transactions. Only available with Vantiv IP (Mercury)
http://www.globalpaymentsinc.com/Canada/customerSupport/industryInit/chip_shift.html
See Tips on avoiding fraudulent credit card transactions
EMV Canada global payments Canada Visa Canada Mercury Payments Canada
EMV Chip Cards in the United States