Many credit, debit, and gift card systems are moving away from magnetic strips and into embedded chips. The transition isn’t going smoothly at all. Everyone I know who uses a chip card has encountered problems. Even one person who does not have a chip card ran into problems when every card reader in Europe required a chip. Have you changed to the chip-type cards yet? How’s that working out for you? (Thanks, Carl Baker!)
All the stories in the news about people's CC numbers being stolen at retailers?
ReplyDeleteIt doesn't happen with Chip cards. They function differently, the retailer never gets your card number, just a code that lets them get paid
This process does take longer, but, that is the price of security
Personally, I am avoiding major retailers who don't take chip cards yet.
That's what I hear. Extra security will be well worth it when the tech is debugged. I still use cash at stores.
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