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EMV (Europay, Mastercard, and Visa) chipcard use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.
antitrust regulators are investigating Visa and Mastercard about their debitcard policies, Bloomberg reported on Thursday (Nov. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debitnetworks, sources told Bloomberg.
22) that it is working to modify its debit routing policies, saying that it has “modified and clarified” its rules to boost EMV chipcard adoption in the United States. Those modifications, the card giant said, come on the heels of guidance that has been issued by the Federal Reserve. Visa said Tuesday (Nov.
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