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Visa, Mastercard delay deadline for chip-card upgrade of gas pumps (access required)

Visa Inc. and Mastercard Inc. pushed back the deadline for installing chip-card readers in U.S. gasoline pumps after station owners complained they didn’t have enough time to complete the multibillion-dollar upgrades. The world’s largest payments networks will give merchants until October 2020 to adopt the technology, three years later than previously planned, the companies said Thursday ...