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Credit cards with new EMV security chip technology (for “Euromoney, Mastercard, Visa”) were designed to reduce fraud by using a cryptographic key to verify the card’s legitimacy and to generate a one-time code for each transaction. Regrettably, users’experiences with EMV cards have not matched expectations. Many users report that the card is a hassle because transaction processing is too slow. ...
Read More »The Credit Card Security Chip: Is It a Hassle or Is It Life Saving?
