Retailers worry EMV fixes will come with a cost

EMV chip card readers can take up to twice as long to complete transactions as magnetic stripe machines, and shopper confusion over whether to swipe or dip creates additional frustration. The four major American credit card companies have promised changes that will speed the process, raising concerns that retailers will face higher fees to pay for the fixes, said NRF’s J. Craig Shearman.

Read more …

WP Facebook Auto Publish Powered By :