SWIPE, CHIP, TAP:
Regulatory Dynamics in the Card Payment Industry and its Impact on Financial Inclusion
Jesse Mudaliyar, Senior Managing Counsel, VP, Mastercard
The card payment industry has undergone significant transformations with the advent of innovative payment technologies. This paper explores the regulatory dynamics shaping the industries and their consequential effects on financial inclusion. It discusses the different payment methods, including traditional swipe, EMV chip, and contactless tap, and explores the evolving regulatory frameworks governing these technologies.
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