Visa, MasterCard Agree to Give Gas Pumps a Break on EMV Shift

Card Brands Made Right Decision, Relative to Fraud at the Pump
Visa and MasterCard have pushed their EMV fraud liability shift date for U.S. pay-the-pump gas terminals from October 2017 to October 2020. Why they made the right decision, given the relatively low rates of card fraud resulting at gas pumps.