How Your Debit & Credit Cards Are Protected


IN CONSUMER ALERT TODAY, .. OCTOBER FIRST MARKED THE BEGINNING OF A BIG SHIFT IN HOW YOUR DEBIT AND CREDIT CARDS ARE PROTECTED, BUT THERE’S A PROBLEM. MANY STORES STILL ARE NOT READY FOR THE CHANGE .. AND ARE WORRIED IT COULD INTERFERE WITH HOLIDAY SALES. INSTEAD OF SWIPING YOUR CARD, NEW CHIP CARDS ARE DESIGNED TO BE INSERTED INTO THE PAYMENT TERMINAL USING A UNIQUE ONE-TIME ENCRYPTION CODE. YOU’LL STILL FIND THE TRADITIONAL MAGNETIC STRIP ON THE NEW CARDS .. AND PEOPLE MAY STILL BE ASKED TO CONTINUE TO SWIPE AND SIGN .. BECAUSE THE CHIP TERMINALS MAY NOT BE UP AND RUNNING. IF YOU GET TO THE CHECKOUT COUNTER AND THE STORE DOES NOT HAVE THE NEW TECHNOLOGY WORKING, ASK IF IT TAKES MOBILE PAYMENTS LIKE APPLE PAY OR GOOGLE WALLET. MOORHEAD POLICE MAKE A DISCOVERY

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