Retailers Push For Delay In Implementing New Data Security Features

3 Apr

Huffington Post.

Retail and grocery stores around the country are asking to delay implementation of new security features for credit and debit purchases until after the holiday season. A letter from the merchant industry to major credit card companies warns that if the features are enabled, customers could face long waits during the next major shopping season. The request for a delay represents a turnaround for the merchants, who had previously argued that Wall Street was dragging its feet when it came to securing consumer data. READ ARTICLE