Remove CHIPS Remove Debit Network Remove Rules
article thumbnail

Visa Adjusts Policies On Debit Routing

PYMNTS

22) that it is working to modify its debit routing policies, saying that it has “modified and clarified” its rules to boost EMV chip card adoption in the United States. Common Debit AID and the Visa Debit AID. Visa said Tuesday (Nov. The AIDs are known as the U.S.

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.