MORE BANK PROBS! Glitch Causes Mass CREDIT CARD FAILURE in Israel A Prelude to Banking Drill This Weekend?
Glitch Causes Mass Credit Card Failure in Israel
Hundreds of vendors unable to complete transactions throughout Thursday morning
February 13 2014
UH-OH .. is this a prelude to the 15th & 16th bank “drill”?
A technical problem caused the credit card payment system in Israel to fail on Thursday morning for several hours, with hundreds of companies and stores reporting that they were unable to accept credit payments.
Terminals at outlets that accept foreign currency payments were stumped by the value, causing the system to crash and prevent transactions from being updated with credit card companies.
The worst hit by the bug were gas stations and some of the country’s larger supermarket and retail chains, including Mega, Rami Levi, and Home Center.
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