3.5.4.1 Voluntary Participation Criteria
Any country or region may participate in the Global Chip Liability Shift Program
for interregional transactions if that country or region has completed all of
the following.
• Stated its intention to migrate to EMV chip for its own country or region by a
valid decision-making process (as defined in section Valid Decision-making
Processes.
• Derived a chip liability shift program for domestic or intraregional
transactions by a valid decision-making process that uses the same reason
codes as the Global Chip Liability Shift Program.
• Decided to participate in the Global Chip Liability Shift Program for
interregional transactions by a valid decision-making process.
• Notified MasterCard of its intent to participate in the Global Chip Liability
Shift Program for interregional transactions (as defined in section Notifying
MasterCard of Intent to Participate).