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Pass more of the liability on to the retailer. of course, the retailers are all supposed to be on board with the new chip technology by the end of this week, but that s not going to happen. in fact, experts say for now only about 30% of retailers actually have the new terminals where instead of swiping your card you get to dip your card. and because the transaction may take a few more years to complete, your credit and debit cards will still have the magnetic strips on the back. major companies like walmart and target have spent tens of millions of dollars switching over. as for consumers, the change means very little except for the fact that you may be asked to set up a pin number for your credit card, the same way you do for your debit card. and of course the chip technology has no effect at all when it comes to purchasing stuff online because you don t swipe or dip. you actually give your number to the company you re buying stuff from. that s how the fraud that s probably still ....

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