Emv Chip News Today

Credit card companies have taken several steps in recent years to protect your cards, but scammers have found a way around these new security measures.

Are using what they call the emv chip. of its an encrypted chip on your credit card, and it defeats, i mean, to a great level, the amount of fraud committed because your pin, your information is all encrypted. its a transmission between the encrypted chip. it all stays encrypted, and it makes it much more difficult for the bad guys to steal your information. nobody wants to put it out there because it increases the cost to the consumer. jenna: well see if that changes to the cost of companies li...