AGuidetoEMVVersion1.0May2011ThepurposeofthispaperistoprovideanoverviewoftheEMV1specificationsandprocesses.Thedocumentisintendedtodescribethe“what”andthe“why”ofEMVwithinthecontextofthewiderpaymentsindustry.Additionally,thedocumentdescribestheroleofEMVCoLLC(EMVCo),andhowvarious