Visa has embarked on a 20-city tour to educate small businesses and consumers EMV. Visa is also hosting webinars and recently launched an online toolkit to help U.S. businesses make the EMV transition.
Visa and MasterCard credit, debit and prepaid cards around the world will likely top 3.9 billion or up 4.5% in the first quarter according to forecaster RAM Research. Visa will end the quarter with about 2411 million and MasterCard with 1488 million cards-in-force (CIF).
The CFPB’s Arbitration Study, released this week, found nearly 75% of consumers surveyed were unaware whether the contracts they signed included an arbitration clause. Of the consumers surveyed, fewer than 7% actually understood that an arbitration clause would preclude them from suing the company.