The United States posted the largest year-over-year increase in EMV-enabled transactions of anywhere in the world, according to new data from EMVCo.

The technical body, which manages the specifications for chip-based payments, reported in December that from the period spanning July 2016 to June 2017, the percentage of EMV-enabled transactions in the United States jumped from to 31.4% from 7.2% for the prior 12-month period.

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