You know, these guys are eventually going to have to work together. I’m not sure suing each other is the best way to make a relationship work.
Among a bevy of grievances, the do-it-yourself retailer posits that Visa and MasterCard sought to block the adoption of chip-and-PIN on credit card transactions following the migration to EMV payment security standards last October. Additionally, the retailer argues that chip-and-signature is simply less secure than its chip-and-PIN counterpart.
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Source: [H]ardOCP – Home Depot Sues Visa, MasterCard As PIN Battle Looms