Credit Card Security
I recently noticed a suspicious credit card charge on my Master Card for $375.00 from an online merchant. This charge came one day after using the card at the Loves gas station in Buckeye, AZ. Follow ...
Forum Discussion
webslave wrote:
Actually, those "chips" make stealing your credit card information easier...they are "broadcasting" type chips and where, without them, a person has to physically have your card and scan the magnetic strip, someone with an RIF reader can just walk by you and take the information without ever having contact
I had one of those cards with remote reading so I could just slap my closed wallet on the reader at the gas pump. Sadly, that convenience is gone with the chip cards. The card has to stay inside the reader for many seconds for encrypted information to pass between card and bank computer.
