More on Visa's Debit Card Rule Change
Earlier today, the US Department of Justice and Visa announced that Visa agreed to changing its operating rules to allow PIN-based debit transactions on small purchases without requiring cardholders to enter their PINs. At the end of the day, the card issuer decides whether their debit cards will support this mode - or not.
Coverage of the Visa rule change late today included an article titled "Visa Stops Requiring PIN For Debit-Card Purchases" by Robin Sidel in the Wall St. Journal and an article in Digital Transactions titled "A Visa Rule Change, Prompted by DoJ, Could Foster PINless Debit".
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