Malaysia first to complete chip-based card migration

  • Business
  • Thursday, 14 Jul 2005

MALAYSIA is first in the world in completing a migration to high-security, chip-based credit cards, and this has almost eliminated the incidence of fraud.  

Shuan Ghaidan, an official of MasterCard Asia Pacific, said Malaysia was first in the world to complete a migration to Europay-MasterCard-Visa (EMV) technology.  

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