Roseslipper Posted January 18, 2014 Report Share Posted January 18, 2014 What do u guys think of this?U.S. Banks and Merchants: Now Is the Time for EMV-Chip Card MigrationU.S. Banks and Merchants: Now Is the Time for EMV-Chip Card Migration | Cashless Pioneers Blog I MasterCard Social Media NewsroomEMV - Wikipedia, the free encyclopedia Quote Link to comment Share on other sites More sharing options...
bytebear Posted January 18, 2014 Report Share Posted January 18, 2014 I want to go back to the gold standard, literally. Pay for things with gold. Quote Link to comment Share on other sites More sharing options...
jerome1232 Posted January 18, 2014 Report Share Posted January 18, 2014 I want to go back to the gold standard, literally. Pay for things with gold.But how do I stick gold nugget into my computer and have them sent to amazon Quote Link to comment Share on other sites More sharing options...
mrmarklin Posted January 19, 2014 Report Share Posted January 19, 2014 The pin and Chip is universal in Europe. The magnetic stripe is dying there and getting harder to use, although I have not had any problem with it.Can't come soon enough to the USA.:) Quote Link to comment Share on other sites More sharing options...
bytebear Posted January 20, 2014 Report Share Posted January 20, 2014 But how do I stick gold nugget into my computer and have them sent to amazon COD (or rather Gold on Delivery) Quote Link to comment Share on other sites More sharing options...
Still_Small_Voice Posted January 20, 2014 Share Posted January 20, 2014 (edited) · Hidden Hidden I have read about these types of cards. I do not like them because someone could potentially bump into you and steal information off the card since you are no longer required to slide the card through a reader. Mere contact with the card enables the exchange of information. This is a good idea for people who are identity thieves. They will love it. Edited January 20, 2014 by Still_Small_Voice Link to comment
Still_Small_Voice Posted January 20, 2014 Report Share Posted January 20, 2014 I have read about these types of cards. I do not like them because someone could potentially bump into you and steal information off the card since you are no longer required to slide the card through a reader. Mere contact with the card enables the exchange of information. This is a good idea for people who are identity thieves. They will love it. Quote Link to comment Share on other sites More sharing options...
marshac Posted February 9, 2014 Report Share Posted February 9, 2014 I have read about these types of cards. I do not like them because someone could potentially bump into you and steal information off the card since you are no longer required to slide the card through a reader. Mere contact with the card enables the exchange of information. This is a good idea for people who are identity thieves. They will love it.Your credit card most likely already has a RFID chip- I know all of my mastercard cards do. The chip+pin model is much more secure because it's more than just a simple entry of numbers (like your current card)- the chip itself can be queried and the response validated ensuring that the card is physically present. The user of the card is then validated by use of a 4-6 digit PIN that only they would know. Back in my IT days we used something similar called SecurID- basically it was a token you had which generated a random number every 30s or so. Coupled with your PIN you had a unique single-use password. Even today I use something similar in my own life (YubiKey).Here's the logo for the RFID enabled cards- Quote Link to comment Share on other sites More sharing options...
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