"Beginning later next year, you will stop signing those credit card receipts. Instead, you will insert your card into a slot and enter a PIN number, just like people do in much of the rest of the world. The U.S. is the last major market to still use the old-fashioned signature system, and it’s a big reason why almost half the world’s credit card fraud happens in America, despite the country being home to about a quarter of all credit card transactions." http://blogs.wsj.com/corporate-intel...n-credit-card/
"No more black magnetic stripes; no more signing on the dotted line.... The new cards contain a microchip and require the owner to enter a PIN into a [COLOR=#007705 !important][COLOR=#007705 !important]payment[/COLOR][/COLOR] machine at checkout."
http://www.businessinsider.com/chip-...in-2015-2014-2
The new cards will be issued for debit and credit cards. This is Visa/ Mastercard's answer to the credit card fraud.



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