re:
http://www.garlic.com/~lynn/aadsm27.htm#39 a fraud is a sale, Re: The bank 
fraud blame game

for a little bit more background ....

signature-debit fraud has been quoted at 15 times that of pin-debit fraud ... 
some refs:
http://www.garlic.com/~lynn/aadsm22.htm#22 FraudWatch - Chip&Pin, a new tenner 
(USD10)
http://www.garlic.com/~lynn/2006e.html#21 Debit Cards HACKED now
http://www.garlic.com/~lynn/2006e.html#24 Debit Cards HACKED now
http://www.garlic.com/~lynn/2007i.html#59 John W. Backus, 82, Fortran 
developer, dies
http://www.garlic.com/~lynn/2007j.html#15 John W. Backus, 82, Fortran 
developer, dies
http://www.garlic.com/~lynn/2007j.html#60 John W. Backus, 82, Fortran 
developer, dies
http://www.garlic.com/~lynn/2007k.html#12 IBM Unionization

and so the merchant fees for signature-debit are like an order of magnitude more
than pin-debit (i.e. more on par with credit fees)
http://www.digitaltransactions.net/newsstory.cfm?newsid=738
http://www.digitaltransactions.net/newsstory.cfm?newsid=1251

in the US, there has been some numbers that walmart accounts for 25-30 percent 
of
all retail store transactions. several yrs ago they won a class action legal 
action
against the payment transaction infrastructure.
http://www.garlic.com/~lynn/2007i.html#17 John W. Backus, 82, Fortran 
developer, dies
http://www.garlic.com/~lynn/2007i.html#17 John W. Backus, 82, Fortran 
developer, dies
http://www.garlic.com/~lynn/2007i.html#42 John W. Backus, 82, Fortran 
developer, dies
http://www.garlic.com/~lynn/2007i.html#51 John W. Backus, 82, Fortran 
developer, dies
http://www.garlic.com/~lynn/2007i.html#59 John W. Backus, 82, Fortran 
developer, dies

various refs:
http://www.classactionrefund.com/VisaInfo.html
http://www.inrevisacheckmastermoneyantitrustlitigation.com/history.php3
http://www.digitaltransactions.net/newsstory.cfm?newsid=623

other posts in the previous part of this thread:
http://www.garlic.com/~lynn/aadsm27.htm#31 The bank fraud blame game
http://www.garlic.com/~lynn/aadsm27.htm#32 The bank fraud blame game
http://www.garlic.com/~lynn/aadsm27.htm#33 The bank fraud blame game
http://www.garlic.com/~lynn/aadsm27.htm#34 The bank fraud blame game
http://www.garlic.com/~lynn/aadsm27.htm#35 The bank fraud blame game
http://www.garlic.com/~lynn/aadsm27.htm#37 The bank fraud blame game
http://www.garlic.com/~lynn/aadsm27.htm#38 The bank fraud blame game

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