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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.

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Durbin Asks FTC to Explore EMV Certification Snags

Payments Source

retail locations still haven’t upgraded their payment terminals to accept chip cards, with some small and midsize businesses citing the difficulty of getting their equipment tested and certified by appropriate organizations. More than seven months after the EMV liability shift, the majority of U.S.

EMV
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Durbin Asks FTC to Explore EMV Certification Snags

Payments Source

retail locations still haven’t upgraded their payment terminals to accept chip cards, with some small and midsize businesses citing the difficulty of getting their equipment tested and certified by appropriate organizations. More than seven months after the EMV liability shift, the majority of U.S.

EMV
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Hard Knocks Edition: MCX, EMV And Square

PYMNTS

The technology, itself through the reader, plugs directly into iOS and Android devices, which, in turn, allows the merchants to accept payments across both EMV chip cards and magnetic stripe cards. Dick Durbin is less than impressed with EMV’s progress in the U.S. That was the gist of a letter Sen. Durbin was writing last week.

EMV