Cost of the EMV slow down: ~50 Billion trans in the US. ~Time value / customer+cashier=$30-$60 /hour ~Loss=12¢-25¢ per trans, $7-$12 Billion
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@BrianRoemmele ah nice! sounds accurate to me :) -
@iankar_ Ian, Some interesting data here, including: "Inform customers to tip the transaction" too: http://www.ncr.com/wp-content/uploads/15HOSP3502_Payment_Security_wp_web.pdf …
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@BrianRoemmele@iankar_ that's not even counting the massive increase in CNP fraud because of EMV shift. -
@CanadaKaz@BrianRoemmele doing some digging on that too! if you guys have an data lemme know :) - 6 more replies
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