Payments News

Chipped credit card might be less secure than you think

Aug 09, 2017
HOUSTON, Texas (KTRK) -- When credit card chip encryption was implemented here in the U.S., its goal was to ultimately crack down on fraudulent charges. While that EMV chip technology is more secure, it may not be completely bullet proof. Both consumers and merchants still need to remain vigilant.

Houston Flooring Warehouse owner Matt Stacy was shocked last year after two women came into the store to purchase over $30,000 in flooring with a stolen credit card.

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http://abc13.com/finance/chipped-credit-card-might-be-less-secure-than-you-think-/2289882/