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TAMPA, Fla. (WFLA) – You know those new chip credit or debit cards you’re using because they’re supposed to be “safer than the old ones? There’s a new warning for you about a potential ...
1. Legitimate emails from card issuers should be short, to-the-point notifications that your new EMV card is being mailed, perhaps with an “expect within 10 days” timeframe.
For every two chip cards in circulation in the U.S., there are three still without the chip. "I have a chip card," said consumer Aaron Cohen. "I'm glad to know that there is another level of security.
Bottom line, never give that chip to anyone. If you’re throwing out your credit or debit card, make sure you’re cutting up the chip too.
Although chip-and-PIN cards are an improvement to magnetic strip cards when it comes to exposure to fraud, your information isn’t 100 percent secure. Chip cards can still be skimmed — or ...
(NEW YORK) -- Chip credit cards may not be able to protect consumers from identity fraud. In some cases, a theif can place a home made device over a credit card reader and capture the information off.
Do magnets damage your credit cards, potentially causing payment issues? Here's what to know about about magnetic risks and how new EMV chip technology protects against demagnetization.
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. This June 10, 2015 photo shows a chip credit card in Philadelphia. (AP Photo/Matt Rourke) When it comes to mixing convenience ...
As banks and credit institutions continue to install chips onto their cards, transaction issues still remain. Whether it is faulty chips or chip readers, credit card experts say the new technology ...
There are 408 million credit cards, embedded with the chip, in circulation. That means about 80 percent of Americans have the new chip card in their wallets.