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Visa and Mastercard extend deadline by three years for chip cards at fuel pumps

02
Dec
2016
Visa and Mastercard extend deadline by three years for chip cards at fuel pumps

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Visa and Mastercard separately announced Thursday they will delay by three years — to Oct. 1, 2020 — the mandated date for implementing chip card payments at millions of automated fuel pumps in the U.S.

The move comes after years of concerns by merchants about the implementation of chip cards at payment terminals at millions of U.S. store locations.

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