the tale of two lawsuits

Mike Mozart

Visa Sues Walmart In Response To Lawsuit Over Security Of Debit Card Authorizations

Last month, Walmart sued Visa, accusing the card network of pushing the retailer to use a less-secure method of verifying debit card transactions. Now Visa is firing back with a lawsuit of its own, claiming the nation’s largest retailer is violating its contract by setting up payment terminals so that they can only accept the more secure form of validation.  [More]