PCI Blog - Compliance Demystified

Canada to implement Chip/PIN in 2007

Chase Paymentech held their first international Fraud Prevention Forum on September 11th in Toronto. They announced the future movement of credit card security with the planned rollout of Chip/PIN to Canada.

Chip and PIN is a proven payment technology with over a 10-year successful track record in Europe. New infrastructure is being put in place to introduce this payment technology into the Canadian market in 2007.

“Protecting credit card data is critically important for all merchants.” said Michael L. Herman, Chief Compliance Officer at Chase Paymentech. “It is in the best interests of consumers and merchants that we make every effort to educate about PCI DSS compliance across our entire portfolio.”