Blog | G5 Cyber Security

Visa Clarifies Merchants Have EMV Debit Routing Options

Visa on Nov. 22 clarified and modified debit routing rules, noting that merchants can route EMV debit transactions through any of more than a dozen available networks. The announcement comes just days after retail groups criticized the card brand for taking steps to “circumvent merchants’ legal right” to choose the network over which a debit transaction can be routed. Visa’s action could help support merchants’ push for more widespread use of chip-and-PIN, even if only for debit purchases. The Federal Reserve has clarified that no card network can inhibit merchant routing choices.”]

Source: https://www.cuinfosecurity.com/blogs/visa-clarifies-merchants-have-emv-debit-routing-options-p-2326

Exit mobile version