Get a Pentest and security assessment of your IT network.

News

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

Related posts
News

Ashley Madison 2.0 Hackers Leak 20GB Data Dump, Including CEO's Emails

News

Art of Twitter account hacking

News

SEA has stolen invoices that shows Microsoft charges FBI for user data

News

Greek police arrested a man running the BTC-e Bitcoin exchange to launder more than US$4bn worth of the Bitcoin