it is used all over the worrell. it is not new but it isn't foolproof. in other countries you have to have the chip and the code to use your credit card every time but that isn't the case in the u.s. as of yet. it is easier for thieves to break in with just a chip and the card the pin helps for the second layer of protection. the new chip won't stop thieves from using the card on-line. that's one issue and fraud alerts are not enough. you need a credit freeze so no one can access your information if your card has been hacked or spo stolen on-line. businesses have until october 1st to migrate through the new chip technology. they have to make sure their equipment is ready. not sure everybody will make it. >> fingers crossed that it is here in time for the holidays. >> you can log on to foxbusiness.com/channelfinder. >> if you are in the market for a razor blade forget those. you may soon be able to shave with a laser.