hollywoodtone.blogspot.com Mastercard, Visa form cross-industry group for payment security
hollywoodtone.blogspot.com Mastercard, Visa form cross-industry group for payment security
(Reuters) - Credit card companies MasterCard Inc <MA.N> and Visa Inc <V.N> said they had formed a new cross-industry group to enhance payment system security across networks.
The new group, which will include representatives from the retailing, financial and equipment manufacturing industries, will initially focus on the adoption of EMV chip technology in the United States, MasterCard said.
(Reporting by Aman Shah in Bangalore; Editing by Kirti Pandey)
hollywoodtone.blogspot.com Mastercard, Visa form cross-industry group for payment security