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re: Traveling to Europe
Posted on 6/30/11 at 10:04 am to LSUtoOmaha
Posted on 6/30/11 at 10:04 am to LSUtoOmaha
quote:
But I have no idea if such a sweeping statement is true.
CC's issued in Europe have smart chips instead of just the magnetic strip US issuers use. The US industry is just beginning to test the newer technology with big spenders. Due to fraud many merchants are not taking the magnetic stripe cards....or so numerous articles claim.
I am very leery of phone enabled deposit acct access. Thieves are thieves, many are quite bright. I don't make portfolio transactions on a smart phone for the same reason, encrypted or not.
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