3 ms·
More importantly, fraud rates are much lower with CP than CNP. If the Visa/MC in the US goes with a PIN-type system like the rest of the world, fraud rates drop
by docker_up 8y ago
More importantly, fraud rates are much lower with CP than CNP. If the Visa/MC in the US goes with a PIN-type system like the rest of the world, fraud rates drop to near zero, which makes Card Present insanely profitable for them.