ISO & Agent – 4/25/13: CHICAGO-—The card networks are reporting progress among issuers and acquirers in the U.S. transition to EMV-chip cards, but some big retailers are still lashing out against the expectation that they upgrade their point of sale hardware.
A panel, which consisted of major retailers, an acquirer and a merchant association executive, was unanimous in its criticism for the EMV mandates at the Ramp Mobile Retail Services conference here.
Click here to read more: http://www.isoandagent.com/news/Major-Retail-Chains-Blast-EMV-Switch-3013923-1.html

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Source: Paymentspulse