WASHINGTON — With the support of the National Retail Federation here, Visa has launched an effort to reduce unnecessary storage of sensitive card information in merchant payment systems. As part of that effort, Visa is clarifying that existing operating regulations allow merchants to present a truncated, disguised or masked card number on a transaction receipt to banks for dispute resolution in place of the full 16-digit card number. “We have long advocated that retailers should not be ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.