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Technology | 2015.10.08

Retailers Tell Congress EMV Cards Without PIN Provide ‘No Significant Benefits’ to Many Small Businesses

WASHINGTON--(BUSINESS WIRE)--The National Retail Federation today told Congress that new chip-and-signature credit cards without a PIN will not stop data breaches, and that small businesses should not be pressured to install the equipment to accept them at the expense of more effective technology. “The new EMV equipment does not stop breaches,” NRF Senior Vice President for Government Relations David French said. “Indeed, in many cases it provides no significant benefits either to the business

 

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