Tuesday , December 3, 2024

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EBT in Iowa: Better Late Than Never

The state of Iowa is in the final stages of its statewide rollout of debit cards to recipients in the state’s food-stamp program, a year later than an Oct. 1, 2002, deadline mandated for all states in federal legislation passed in 1996. Only California among the 50 states now remains …

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How the Wal-Mart Settlement Could Pay for PIN Pads

This spring’s settlement between the bank-owned card associations and retailers led by Wal-Mart Stores Inc. has been widely interpreted as a blow to the fortunes of so-called PIN-based debit, or debit card transactions effected by a consumer’s personal identification number rather than his signature. That’s because the settlement terms required …

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