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Started By
Message
re: Purchases with credit card...Some places “swipe it”, others “use the chip”.
Posted on 12/13/17 at 10:16 am to Will Cover
Posted on 12/13/17 at 10:16 am to Will Cover
quote:
swipe method is less secure than the chip method.
Oh really?
2
Posted on 12/13/17 at 10:17 am to Spaceman Spiff
Yes.
Posted on 12/13/17 at 10:41 am to Spaceman Spiff
quote:
Oh really?
Yes.
The chip was added as a safety precaution. It adds a new security measure that scrambles the transaction information.
When you swipe your credit card the standard way, it records information that is unchanged. If this information were to be obtained by a hacker, they would have access to your sensitive information and could steal some of your funds.
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