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Yep, the rules were, for chip and pin fraud, the liablility was no longer on the retailer, but still was for swipe fraud. So there was a HUGE push from retail
by briffle 5y ago
Yep, the rules were, for chip and pin fraud, the liablility was no longer on the retailer, but still was for swipe fraud. So there was a HUGE push from retail customers to get chip-and-pin in place to cut down on the amount of chargebacks, etc.
https://pointofsale.com/chip-card-vs-magnetic-stripe-card/ https://pointofsale.com/chip-card-vs-magnetic-stripe-card/