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New Card Transaction Security Measures Implemented to Prevent Fraud and Identity Theft

First of all, it will no longer be necessary to present your DNI or other document to prove your identity when making a card transaction. Secondly, plastics can only be handled by the customer and not by the merchants. This implies that it will be the cardholder who manipulates it in the posnet, instead of the establishment employee taking it to carry out the transaction.

With this measure, sIt seeks to prevent third parties from having access to card data, which could facilitate the theft of sensitive information and fraud. The Secretary of Consumer Defense has received a considerable number of complaints related to this type of scam, which highlights the importance of these new security measures.

It should be noted that the implementation of this measure could be delayed due to the need for businesses to acquire wireless posnets. An adaptation period is estimated to be between 90 and 180 days, although the Ministry of Commerce assures that there are no technological impediments to carrying out this transition.
2024-03-12 00:51:03
#credit #debit #cards #stores #change #procedure

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