RILA: Retailers spent billions upgrading to accept new “chip-and-PIN” cards, but banks keep on issuing “chip and signature” cards in US

Arlington, VA, 2015-8-31 — /EPR Retail News/ — In a segment on this morning’s Today Show, a spokeswoman from MasterCard led viewers to believe that new “chip” credit cards being issued to consumers are the same cards currently issued in Europe and Canada that have reduced fraud by almost 80 percent. What this spokeswoman omitted, […]