Report Published: "Debit Cards in the United Arab Emirates"
The United Arab Emirates began a national migration to chip and pin debit cards in 2011, with all retailers switching to POS terminals in March 2012 that are compatible with chip and pin technology. The Central Bank initially imposed a deadline of 31 December 2012 for the upgrade of all debit cards to the chip and pin format. However, in mid-December National Bank of Abu Dhabi and Emirates NBD announced that they were not able to meet this deadline. While...
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