1 Close your credit card accounts.  Paying off multiple credit cards with a debt consolidation loan may be a good idea, but be careful about racking up more debt on the open accounts. Think about keeping one account open for an emergency and closing the others.
- Jul. Today, Square announced a new version of its popular mobile payment system that will support EMV chipped credit cards. EMV is a joint effort from MasterCard and Visa to help improve security credit and debit card transactions and is set to become a standard in the US by October 2015.
EMV: A to Z (Terms and Definitions) First Data participates in many industry forums, including the EMV Migration Forum (EMF). The EMF is a cross-industry. body focused on supporting an alignment of the EMV implementation steps required for global and regional payment. networks, issuers, processors, merchants, and consumers.