Latest Breaking News On - Brett mattson - Page 1 : comparemela.com

Good morning, im scott mcgrew. You probably received your new credit card in the mail. They are manufacturing them as fast as they can. These new cards contain a chip, they go by various names emb, chip and pin thats not accurate. Well talk about that shortly. Lets call these things chip cards, while youre getting a new chip card, stores are getting new chip readers. The new point of sale machines are more or less required this coming thursday, october 1st. Our chief technical officer at verifone, you are swiping through one of his machines. Although i say swipe, now we dont swipe. We just stick it in there and it sits there for a while. Thats exactly the difference between them. The traditional cards used to have this Magnetic Stripe in the back and with the chip card, the card holders information is on the chip and you have to insert the chip and let it interact with our device, thats how the card information is taken. Were world travelers, been to europe and seen the chip and pin. I

United statesSouth koreaSan franciscoScott mcgrewBloomberg saraBrad mattsonJohn schwartzKevin gibsonJoe bidenBrett mattsonJerry brownCredit cardGetting newNew pointMagnetic stripeCard association