Credit Cards with the chip for security

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LibraryLady
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Joined: Mon May 26, 2014 9:08 am

Credit Cards with the chip for security

Postby LibraryLady » Thu May 29, 2014 5:01 pm

One of our cards has already been replaced with the new "format."

Waiting to see how long it takes the other companies to offer the new, supposedly more secure options.
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Native Texan

Maya Angelou said:
“I’ve learned that no matter what happens, or how bad it seems today, life does go on, and it will be better tomorrow.

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Chlorine Tinsley
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Joined: Sun May 25, 2014 6:46 pm

Re: Credit Cards with the chip for security

Postby Chlorine Tinsley » Thu May 29, 2014 5:06 pm

I haven't heard about them. How do they work?
Toto, we're not in Kansas anymore.

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LibraryLady
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Re: Credit Cards with the chip for security

Postby LibraryLady » Thu May 29, 2014 5:10 pm

Supposedly they prevent theft of the ID of the card (via skimmers etc.)

The card looks like our old card from Chase.....however, the card no longer has raised numbers and the number is on the back of the card.

It also has a computer chip "icon".
When you used the card in the new readers, the card is inserted and remains in the device until the transaction is completed.
We have encountered these readers in Canada already.

News stories say that all of Western Europe uses them and they are more secure than what the US uses.
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Native Texan

Maya Angelou said:
“I’ve learned that no matter what happens, or how bad it seems today, life does go on, and it will be better tomorrow.

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Chlorine Tinsley
Posts: 126
Joined: Sun May 25, 2014 6:46 pm

Re: Credit Cards with the chip for security

Postby Chlorine Tinsley » Thu May 29, 2014 5:17 pm

Thanks LL. Sometimes I feel like technology is going at warp speed and I'm in a Ford Model A
Toto, we're not in Kansas anymore.

kent
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Joined: Sun May 25, 2014 6:55 pm

Re: Credit Cards with the chip for security

Postby kent » Thu May 29, 2014 8:38 pm

When we were in Montreal, they had to run our cards with carbon paper since we didn't have the chip. ALL cards in Canada have them.

Red Oak
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Re: Credit Cards with the chip for security

Postby Red Oak » Thu May 29, 2014 9:04 pm

You do know the NSA tracks you with that chip :)
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PlanoSooner
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Re: Credit Cards with the chip for security

Postby PlanoSooner » Fri May 30, 2014 1:42 am

If man can make it...... Man can break it
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