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Presuming you are US based, https://en.wikipedia.org/wiki/EMV#United_States https://en.wikipedia.org/wiki/EMV#United_States POS // Retailers are having fraud a
by Terribledactyl 11y ago
Presuming you are US based, https://en.wikipedia.org/wiki/EMV#United_States https://en.wikipedia.org/wiki/EMV#United_States
POS // Retailers are having fraud and liability shifts forced on them from the payment networks and banks. If a POS // Retailer accepts a fraudulent swipe, they eat the bill now, fraudulent chip purchase (much harder), bank pays.
- CyberDildonics 11y agoThat was always the case. The real question is why did it take the US a decade longer to do poorly what the rest of the world has been doing effortlessly.