chip-and-PIN Articles

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Kroger Sues Visa Over Signature vs. PIN in Debit Transactions

June 30, 2016

Kroger Sues Visa Over Signature vs. PIN in Debit Transactions

The lawsuit is just the latest in a series of lawsuits that large merchants have filed against credit card companies over restrictions on PIN authentication. NATSO continues to actively urge members of Congress to examine the payments system, arguing that PIN authentication is the most secure, cost-effective solution.

Credit Card Companies Announce Plans to Expedite EMV Equipment Certification, Reduce Chargebacks

June 26, 2016

Credit Card Companies Announce Plans to Expedite EMV Equipment Certification, Reduce Chargebacks

Recognizing the growing and unacceptable problem with chargebacks, Visa has announced modifications to EMV certification and chargeback requirements, and shortly thereafter MasterCard and American Express followed suit. These announcements undoubtedly came in response to growing pressure from retailers and their advocates that the EMV liability shift has resulted in an excessive and unfair increase in chargebacks that retailers have absorbed, often with no viable method for avoiding them.