What You Need to Know About the New EMV Chip Cards

If you’ve received a new credit card within the past year, chances are you’ve noticed some subtle changes to how you purchase things in stores. Instead of “swiping” your credit card, merchants are asking you to insert it into a slot (sometimes known as “dipping”).

Welcome to a smart new security device: the EMV chip. But what is this chip? Where did it come from and why do we need it?

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