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All American Credit Cards Will Disappear In 2015 And Be Replaced With This New Tech
Yahoo Business Insider ^ | 2-7-14 | Jim Edwards

Posted on 02/08/2014 3:14:06 AM PST by kingattax

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To: The Working Man

Chip cards here are still have strips so that the old machines can read them.


21 posted on 02/08/2014 4:28:27 AM PST by Former Proud Canadian (Cruz/Palin 2016)
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To: FreedomPoster

Soon to be obsolete when you recieve an invisible tattoo (mark) on your hand or forehead in Obamieland


22 posted on 02/08/2014 4:37:24 AM PST by jsanders2001
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To: Progov

I think that will be the next step, one I won’t be making.


23 posted on 02/08/2014 4:39:00 AM PST by Bulwyf
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To: ican'tbelieveit

I haven’t used my mastercard for over a year, I can’t remember my pin and I can’t be bothered to reset it lol.


24 posted on 02/08/2014 4:39:32 AM PST by Bulwyf
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To: jsanders2001

The new invisible tattoos will use the numbering format, xxxxxx-xxxxxx-xxxxxx


25 posted on 02/08/2014 4:40:13 AM PST by jsanders2001
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To: kingattax

I, for one, am very happy to see this happen. Besides the well known Target data breach, there were many smaller companies hacked and card and personal data taken. The primary reason is that the US still uses the old technology and hackers were picking the low hanging fruit.

My wife and I recently froze our credit with the 3 reporting agencies to help thwart identity thieves. Also using Avast! Safezone when doing any transactions online, and have started to use LastPass to keep our passwords safe. It’s getting dangerous out there!


26 posted on 02/08/2014 4:43:17 AM PST by brewer1516
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To: The Working Man

The devices are out there. Its the retailers that will be the problem. They are slow to adapt. Part or what I do is point of sale work. Many just now upgraded from windows xp due to end of life and most just replaced their pin pads due to pci compliance.

Dont get me wrong this change is good for card security but its coming at a bad time as replacing pin pads can cost north of 1000 bucks a unit. Its gonna leave a dent in the bottom line.


27 posted on 02/08/2014 5:06:06 AM PST by cableguymn (It's time for a second political party.)
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To: varon

Verifone is gonna be a big one. They are the maker of 80% of the ones I install.


28 posted on 02/08/2014 5:07:48 AM PST by cableguymn (It's time for a second political party.)
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To: jsanders2001

No need for the tattoo.

Various biometric ID points:
ears
veins in the hand
iris
retina
fingerprints
facial recognition

Some of these are probably more secure than others.

Maybe in future, it will simply be pheromones or DNA. Maybe we all unknowingly give off a distinct EMF.


29 posted on 02/08/2014 5:16:19 AM PST by reformedliberal
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To: cableguymn

Part of my work involves Payment Processing. If it is a simple terminal (swiper) and pin pad, we provide free equipment for the merchants.


30 posted on 02/08/2014 5:16:53 AM PST by quicksilver123
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To: kingattax

We were in Ireland last year and our cards worked fine.


31 posted on 02/08/2014 5:20:04 AM PST by RedMDer (Happy with this, America? Make your voices heard. 2014 is just around the corner. ~ Sarah Palin)
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To: aviator

EMV (chip and PIN) cards do not use RFID technology so there’s no need to shield the card in your wallet from cyber thieves. The chip’s contacts are exposed on the front of the card (like the SIM card in your mobile device) and have to make contact or been in real, close (like a millimeter) from the device reader.


32 posted on 02/08/2014 5:24:15 AM PST by Procyon (Decentralize, degovernmentalize, deregulate, demonopolize, decredentialize, disentitle.)
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To: kingattax

They call it “new tech”, then admit it’s been in Europe for “years”.


33 posted on 02/08/2014 5:26:59 AM PST by Graybeard58 (_.. ._. .. _. _._ __ ___ ._. . ___ ..._ ._ ._.. _ .. _. .)
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To: Procyon

I noticed last week that my Trader Joes has readers that have a slot for the EMV cards in addition to the regular swipe track. However, they don’t appear to be set up to read the EMV cards just yet.


34 posted on 02/08/2014 5:29:04 AM PST by Procyon (Decentralize, degovernmentalize, deregulate, demonopolize, decredentialize, disentitle.)
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To: kingattax

We seem to be moving closer and closer to the day when everyone will have a chip implanted under their skin. Of course, once that happens, no one will be able to buy or sell unless they have the mark of....


35 posted on 02/08/2014 5:37:56 AM PST by GreenHornet
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To: kingattax

It’s often difficult to use American credit cards abroad
_______________________________________

I wonder just where the author went ???

I was “abroad” in October and had no problems with my “old fashioned” credit cards...


36 posted on 02/08/2014 5:48:51 AM PST by Tennessee Nana
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To: kingattax

This is the new style EMV card. The laundromat I go to already uses this type.

37 posted on 02/08/2014 5:50:55 AM PST by CtBigPat (Free Republic - The grown-ups table of the internet.)
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To: Graybeard58

I’ve been using this in the Czech Republic for well over a decade now. I’ve never had a problem with it, to be honest.


38 posted on 02/08/2014 5:51:07 AM PST by AnAmericanAbroad (It's all bread and circuses for the future prey of the Morlocks.)
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To: KSCITYBOY; Progov

a serial number tattoo as well. I believe it was a European that invented that several years ago. (sarc)
__________________________________

No they didn’t

God mentioned those centuries before there was a Europe...

the number will be 666...and will be needed to ...buy and sell..Revelation 13:18


39 posted on 02/08/2014 5:53:18 AM PST by Tennessee Nana
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To: CtBigPat
Looks identical to my bank debit card. Here's the reader.
40 posted on 02/08/2014 5:53:19 AM PST by AnAmericanAbroad (It's all bread and circuses for the future prey of the Morlocks.)
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