Visa, Mastercard delay deadline for chip-card upgrade of gas pumps

December 1, 2016 Comments Off on Visa, Mastercard delay deadline for chip-card upgrade of gas pumps

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 ...

Tagged with: chip reader credit cards

Retailers with data breaches slow to adopt chip card readers

March 28, 2016 Comments Off on Retailers with data breaches slow to adopt chip card readers

Experiencing a data breach doesn’t seem to be enough to scare about 43 percent of U.S. retailers into getting chip card readers in their store, a survey by CardHub found. As of October 1, 2015, the liability for a credit ...

Tagged with: chip reader credit cards

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Visa, Mastercard delay deadline for chip-card upgrade of gas pumps

Retailers with data breaches slow to adopt chip card readers