Visa Acknowledges EMV Rollout Pain
Mark Nelsen: Chargeback Relief Gives Retailers a Temporary Break
June 30, 2016
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About this episode
So why is Visa temporarily reducing the fraud chargeback burden on non-EMV-compliant U.S. merchants? Mark Nelsen, Visa's senior vice president, says it boils down to this: The card brand wants to give retailers a break while it takes steps to streamline the cumbersome certification of new POS devices.