Congress requires SMARTCARD technology to be built into Visa/Mastercards
February 7, 2014 1:35 PM Subscribe
In a meeting today, I was told that Congress will be requiring Visa/Mastercard and the various banks that provide Magnetic-Stripe debit and credit cards to their customers to upgrade their technology to cards that incorporate SMARTCARD technology, with unique card ID-numbers.
posted by shipbreaker to Technology (15 answers total)
Where can I learn more about this technological advancement, it sound like a HUGE infrastructure upgrade!