Will microchip-embedded cards replace the old magnetic stripe swipe?
Wells Fargo’s announcement that it is launching a pilot program offering microchip-embedded credit cards to American consumers is good news–especially if you travel abroad. It could spell the beginning of the end of the outmoded magnetic-stripe credit card in the U.S.
The so called EMV cards–named for Europay, Mastercard and VISA, the three card companies that [...]
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