Friday, May 20, 2011

Wells Fargo pilots Visa Smart Card Programme

Financial services company wells fargo has chosen to pilot the Visa Smart Card - a card that includes both a magnetic stripe and EMV technology - in a bid to widen its card acceptance worldwide. This will enable both signature and PIN-based verification for its cardholders. The pilot is the industry's first chip programme by a national bank and includes 15,000 wells Fargo consumer credit card customers who travel internationally.