MasterCard chip and PIN hits 88 percent in US, but merchant support still slim
New data from MasterCard shows that nearly all its cards in the US have chips to enable PIN-based in-store purchases, but the majority of merchants don’t support them.
New data from MasterCard shows that nearly all its cards in the US have chips to enable PIN-based in-store purchases, but the majority of merchants don’t support them.
On Friday, at the headquarters of the Consumer Financial Protection Bureau, President Obama signed an Executive Order that will add chip-and-PIN protections (EMV) to federal credit cards starting in January. The President encouraged the financial and retail sectors to follow suit.
Steve Ragan | 20 Oct | Read more
Relief is in sight for the beleaguered U.S. Payment Card Industry (PCI). By October 2015, chances are that America will no longer have the dubious distinction of leading the world in credit card fraud.
Taylor Armerding | 23 Sep | Read more