June 29, 2016Blog Posts

Visa countersues Wal-Mart in debit card PIN vs signature case

Reuters

Visa Inc filed a lawsuit against Wal-Mart Stores Inc on Wednesday, claiming the retailer secretly began testing a protocol that eliminated the need for signature verifications for transactions paid for with a Visa debit card. The lawsuit comes about a month after Wal-Mart had sued Visa saying the payments network operator was resisting the use of personal identification numbers (PINs) by customers for purchases made on debit cards at Walmart stores.

Source

  • Share this post:

Privacy Preference Center

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

Are you sure?

By disagreeing you will no longer have access to our site and will be logged out.