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NRF to Visa: Stop using EMV tech to steer debit to network
Is Visa violating retailers’ “freedom of choice?” The National Retail Federation, among other retail associations, believe so, claiming that the card issuer is using new Europay MasterCard Visa (EMV) technology to steer debit card transactions to its own processing network. According to the Federal Reserve, this violates merchants’ legal right to competition over who will process the transactions, according to a statement from NRF.

