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WAL-MART IS SUING Visa Inc for the right to choose how customers verify debit card purchases in store, according to Wall Street Journal reports. In the lawsuit, Wal-Mart claims that Visa has prohibited it from requiring PINs only, forcing it to accept signature-verified transactions. Signatures are easier to forge and may be less secure than [...]
The post US RETAILERS SUE VISA OVER PIN-BASED DEBIT appeared first on Payments Cards & Mobile.
