Detailed text transcripts for TV channel - FOXNEWS - 20140204:20:03:00
Definitely adds three primary benefits to the system. one is its more encryption. so the credit card information would stay encrypted longer and make it much more difficult for the hackers to obtain that information. so thats a big benefit of chip and pin. >> the other problem is cost. credit cards with chips are more expensive. card companies dont like that. and retailers have to install new termals to read the new cards, and they dont like that. >> thank you, rich, very much. we have a cyberse...
Credit Card Information Credit Cards Card Companies Internet Security Firm Cybersecurity Analyst Vice President
Source: news source