EMV chip card rollout in US to peak in 2016

By  and 

While the number of EMV chip cards shipped in the U.S. surged in 2015, ahead of the Oct. 1 EMV migration deadline, that flow hasn't turned to a trickle. Far from it.

In 2016, the EMV chip card shipments in the U.S. are expected to peak at about 617 million, "but growth will be at a much flatter rate," says Phil Sealy, senior analyst at ABI Research, which tracks transformative technology innovations.

The reason? At the end of 2015, about 65 percent or 68 percent of U.S. consumers had received EMV chip cards, according to ABI Research. That's expected to reach near 100 percent over the next two years, Sealy says.

Trends on the horizon likely to drive chip card shipments in the U.S. include store cards converting from the old magnetic stripe to smart cards and chip cards enabled for contactless payments, a possible second wave in the years ahead.

Around the world, the U.S. wasn't alone in showing a boom in smart card shipments. In China, smart card shipments hit a record of nearly 850 million. The growth in China and U.S. shipments accounted for 53 percent of the total 2.6 billion EMV cards sent to customers worldwide in 2015, according to ABI Research.

EMV chip card shipments in the US 

See related: 8 FAQs about EMV chip cardsmore infographics

To use the graphic on your site, use the following code:

<center><a href=""><img alt="EMV-chip-card-shipments-have-not-peaked-in-US" border="0" src="" /></a> </center>

Published: February 10, 2016

Join the discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

The editorial content on is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company's business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.

Follow Us

Updated: 10-22-2016

Weekly newsletter
Get the latest news, advice, articles and tips delivered to your inbox. It's FREE.