Comment by fc417fc802
7 days ago
Yes, the same banks that simultaneously don't support 2FA, or only support it via SMS, while insisting that mobile devices pass attestation. Also the same banks that still accept swiped credit card transactions but god forbid you want to register a custom non-attested device for wireless payment transactions. Those banks. Lets not pretend that the policies of US banks are by and large either internally consistent or in the customer's best interests.
Don't they support swiped credit card transactions because they can pass the increased cost of fraud onto merchants in the form of increased transaction and chargeback fees?
Are merchants obligated to accept swipe transactions?