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Friday, May 21, 2010

Wal-Mart Supports Smart Card Payments

This could result in considerable changes in US retail payment systems. The commonly used 'signature-based' methods were cited as a waste of time.

Wal-Mart to support smartcard payments
Retail giant's reported move to chip-and-PIN transactions could finally nudge others into doing same in the U.S. ... Retail giant Wal-Mart is reported to be planning on making all its payment terminals in the U.S. compliant with a smartcard-based credit card technology that is already widely used around the world, but not in the U.S. ... '

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