Remove Chip Cards Remove Debit Transaction Remove Large Merchants
article thumbnail

EMV’s Slow Crawl Into Retail

PYMNTS

retailers are able to process chip-card transactions. According to a survey by the same research group — taken shortly before the liability shift went into effect in the fall — only 27 percent were going to be ready to go with chip card processing as of Oct. The wide expectation is that EMV transactions in the U.S.

EMV 41
article thumbnail

FTC Probing Visa, Mastercard About Debit Card Practices

PYMNTS

antitrust regulators are investigating Visa and Mastercard about their debit card 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 debit networks, sources told Bloomberg.