Items tagged with EMV
Making lemonade out of a situation wherein his credit card info was stolen in the UK and the thief went on a shopping spree, PayPal president David Marcus took the opportunity to preach the gospel of PayPal. “My card (with EMV chip) got skimmed while in the UK. Ton of fraudulent txns. Wouldn't have happened if merchant accepted PayPal…”, he tweeted. He believes that his card was probably skimmed at the hotel where he was staying, and he further tweeted that if the hotel had offered PayPal as an in-house payment option, the theft would not have occurred. “Obfuscating card data online, on mobile, and now more and more offline remains one of PayPal's strongest value props,”...
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