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INSIDE THE BELTWAY

the success of the debit card ecosystem and enabling a second network on every card in the U.S. we would increase security, network availability and drive greater innovation. Perhaps we will look back 20 years from now and be proud of the work we were able to do to enhance our payments system efficiency, as well as security and innovation for our customers. ■

across the market. U.S credit cards do not enjoy the same protections of having a second network enabled on a card. Therefore, if that sole network goes down, customers cannot use the card and in a large enough outage, commerce can slow to crawl at best. In a time when we are focused on securing our infrastructure

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customers a contingency if one network goes down. Additionally, the competition from having multiple networks on the card has driven innovation to improve security and reliability

against cyber criminals and state sponsored economic disruptions, it is essential that we also fortify our streams of commerce. By having the credit card market follow

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ALABAMA GROCER |