Change the way you pay with credit and debit cards in stores

Change the way you pay with credit and debit cards in stores

The measure will be made official next Tuesday through a resolution of the Ministry of Commerce with the aim of minimizing cases of cardholder data theft and card fraud.

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Starting this Tuesday, two fundamental changes will be made to the payments with credit and debit cards: first of all, It will no longer be necessary to present your ID or other document to prove identity; in second place, Plastics can only be handled by the client and not by the merchants. How will it work and when will implementation be mandatory?

The measure, which will be made official this Tuesday with the publication of a resolution of the Secretary of Commerceseeks to minimize cases of cardholder data theft and card fraud.

Changes in credit and debit card payments: how will the new system work?

With this new system, unlike what has happened until now, it will be the card holder who manipulates it in the posnet: Until now, generally when we go to a restaurant it is the waiter who removes the card from the table, takes the plastic and charges the customer. However, with the new dynamic, the employee of the place must approach the table with the wireless device -which currently not all establishments have- to collect the bill and for the diner himself to swipe the card.

With the current system, in which both credit card either debit As the ID of a person are in the hands of a third party, it is very easy and quick to copy or photograph key data that later allows you to make online purchases or obtain credit, among other crimes.

For this type of scam, the Secretary of Consumer Defense received around 7,000 complaints in 2023.

Changes in payments with credit and debit cards: when will the implementation be mandatory?

Because it would take a wireless posnetthe Argentine Chamber of Commerce and Services He warned that the implementation of the measure could be delayed while locals obtain the necessary equipment.

In that sense, the Commerce secretary It foresees an adaptation period of between 90 and 180 days, although it ensures that there are no technological impediments to implementation.

Source: Ambito

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