MasterCard has announced that AEON Bank has become the first financial institution in Japan to deploy ATMs that support EMV chip card transactions. The EMV-compliant ATMs offer enhanced security for foreign-issued debit and credit cards.
The EMV-compliant ATMS will protect consumers from unauthorized use of their card data. MasterCard, together with the global financial industry, has been promoting the use of EMV technology, which is gaining popularity worldwide.
“The entire MasterCard team extends its appreciation to Aeon Bank for partnering to provide ATM access for MasterCard and Maestro cardholders travelling to Japan,” said Eileen Simon, MasterCard’s Chief Franchise Integrity Officer. “Aeon quickly recognized the benefits of employing Chip and PIN technology in their ATMs throughout Japan, enabling both Aeon Bank and hundreds of millions of MasterCard and Maestro cardholders access to the newest, most secure method of conducting ATM transactions. We look forward to our continued partnership.”
MasterCard’s Division President for Japan, Robert R. Luton, said, “We are extremely pleased to partner AEON Bank in this effort to make transactions more secure for cardholders. As transactions become increasingly globalized, it is imperative that this global security standard be deployed quickly. We expect this important AEON Bank achievement to provide extra momentum for the rapid deployment of EMV chip cards in Japan. MasterCard is committed to developing and promoting advanced technologies that ensure safer transactions and enhance consumer confidence.”
AEON Financial Service’s Executive Vice President, Masao Mizuno, said, “We are excited to offer customers more robust security with the upgrading of our ATMs to support EMV chip card transactions for the first time in Japan. We believe foreign visitors will appreciate the convenience, easy access and now the extra security of our ATMs in places such as airports, train stations and especially our AEON shopping malls. We will continue to explore opportunities to offer increasingly secure, convenient and rewarding financial services.”
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