TITLE

Be card sharp

PUB. DATE
January 2005
SOURCE
Cabinet Maker;1/14/2005, Issue 5421, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that many retailers are not yet accredited with chip and PIN technology which could make them targets for more fraud. The biggest source of headaches for retailers is likely to be the technology. There is no legal requirement for the uptake of the technology, but there is a strong business case. No retailer wants to shoulder fraud liability, so many have already switched. Even so, those that have not are in illustrious company. Sainsbury PLC and Laura Ashley Ltd. are among those who have yet to complete the accreditation process. Many retailers have been putting off their move to chip and PIN for both financial and logistical reasons, but that could prove to be an expensive mistake.
ACCESSION #
15793616

 

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