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by colechristensen
4049 days ago
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You maybe should have noticed already, but this already exists and the transition is in progress. http://blogs.wsj.com/corporate-intelligence/2014/02/06/octob... You should have already (or very soon be) getting new credit cards in the mail with a SIM chip in them. After October 15, 2015 credit card companies (instead of merchants) will be liable for financial losses due to credit card fraud where the consumer is forced to use the mag stripe. (In the US of course) |
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