Thursday, May 28, 2015

When It Comes To Shopping For Deals And Discounts, What Card Are You Carrying In Your Wallet?

Of course, as shoppers we all rely on credit and debit cards but those little pieces of plastic are really changing! Millions of consumers now have cards with a microchip built into the card. This provides for a more secure transaction and prevents counterfeit cards. However, it requires retailers to read the card with an updated terminal and many have not yet invested in that technology. Also, since many of the new cards or readers don't have a PIN option, there is still the risk of lost or stolen cards being fraudulently used. Below is the link from the National Retail Federation for some more scoop.

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