Retailers face a costly card-data security burden, but new card-brand directives and technology advances may lighten the load
The ever-growing use of credit and debit cards continues to present food retailers with expensive challenges with respect to both interchange fees and card security costs. The retail industry made some progress this summer on the fees front with the passage of federal financial reform that includes regulation of debit-card interchange fees. But card data security — which is also under regulatory consideration by Congress — remains a costly burden as retailers seek to meet card industry ...
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