Daily Archives: August 14, 2010 - 1 results

Posted 7 years ago in Banking Law by Arthur Buono  
Credit Denied: Why Your VISA, MC Won’t Work Abroad

A new credit card technology being rolled out everywhere but here has left some American travelers stuck this summer. The new cards protect better against fraud than the old ones. So how come the U.S. isn’t using them?   New, more secure credit card technology used outside U.S. Travelers unable to use their U.S. credit cards at many locations abroad VISA, Mastercard, and card-issuing banks reluctant to foot bill for new system   "Chip-and-PIN" Card System Much Safer The new …

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