CHICAGO—Further delay in U.S. migration to EMV chip-and-PIN technology might be another unintended consequence if the Federal Reserve Board’s proposed 12-cent cap on debit card interchange is enforced, two analysts agreed during a panel discussion here May 4 at the Smart Card Alliance’s annual conference.
Upcoming Conferences
6th Annual Mobile Banking & Commerce Summit
June 10-12, 2012
Westin St. Francis
San Francisco, CA
7th Annual Underbanked Financial Services Forum
June 13-15, 2012
Westin St. Francis
San Francisco, CA
Debit-Rate Cap May Delay U.S. EMV Migration, Conference Panelists Say
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