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Old 06-16-2016, 08:19 PM   #23
Team Jetfire
More zero's in the behind
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Join Date: Apr 2007
Location: Calgary, Alberta
Posts: 5,780
Re: Walmart Canada to stop accepting Visa

Quote:
Originally Posted by Goaliebot View Post


I can tell you who won't win: us consumers.
You got that right. We basically have a company with a six billion dollar net profit (Visa) fighting with a fourteen billion dollar net profit (Wal-Mart) over a hundred million dollars.

That is some problem to have...

Quote:
Originally Posted by Sir Prime A Lot View Post
Wow, they got this backwards. The chip with PIN decrease security and it shifts responsibility completely to the consumer while removing all responsibility from the retailer. I'm always surprised people still think this is more secure.
Being secure and shifting responsibility are two different things.

A mag strip can be copied and reproduced in minutes while a chip is pretty well locked down and controlled.
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