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
Crowe wrote:
Keep dreaming. It will take no time at all for crooks to figure that out as well.
Nope.
The chips are a whole nuther' ball game and have no relation to the good old ancient and obsolete "swipe the magnetic strip" system ... check with results in Europe to see.
Take comfort that the non-user part of the credit card system pays the fraud bill, so the incentives are through the roof on putting and keeping a lid on the fraud. Thank goodness that users don't pay for the fraud (other than through prices slowly sneaking higher from fraud). I'm REALLY surprised this responsibility hasn't migrated over to us users ... considering how things usually go with big business in this country.
