PCI Compliance – EMV Is ‘A Colossal Waste of Time’
IHL, which tracks retail payment trends, has slammed EMV in a recent report, calling it “a colossal waste of time, effort and capital to the retail industry.” Source: www.paymentssource.com Major holdup for EMV is that the banks are going to charge more per transaction to do EMV. That’s a break in tradition where usually the more secure transaction… Read More »