How everything works: Tap And Pay

What did you think of this video? Tell us down in the comments.

Sources:

http://www.smartcardalliance.org/publications-contactless-payments-what-who-why/

http://gizmodo.com/the-gizmodo-guide-to-the-new-emv-chip-credit-card-payme-1734011799

http://www.emvco.com/download_agreement.aspx?id=4

https://en.wikipedia.org/wiki/EMV#Transaction_flow

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From: Matt's talks about

Related topics : new credit cards with chip

Think That Chip in your Credit Card Makes You Safer?

While covering Black Hat, the premiere security conference for the TWiT network, Father Robert Ballecer had the opportunity to interview Weston Hecker, Senior Security Engineer @Rapid7. Hecker demonstarted how the new protocol that the chip employs actually makes it vulnerable to hackers. He was able to hack an ATM. Check out our interview and watch the cash fly out of the machine!

For the full episode, visit https://twit.tv/specials/295.

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From: TWiT Netcast Network

Related topics : new credit cards with chip

7 questions about America’s credit card system answered

NRF Senior Vice President and General Counsel Mallory Duncan answers questions about chip and PIN credit cards and explains why new bank-issued chip and signature cards, also known as EMV cards, are not as safe as they could be.

Learn more: https://nrf.com/advocacy/policy-agenda/data-security

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From: National Retail Federation

Related topics : new credit cards with chip / america bank card credit / credit cards for new credit

RFID Credit Card Protector - DIY project

Just came up with a simple way to protect my credit / debit cards that have the new RFID chips in them from being scanned by thiefs. NOT AFRAID...just being careful...you can too!

Here is a video clip about the RFID chips in credit cards:

http://www.youtube.com/watch?v=UA_hjLue2OA&feature=related

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From: lionsong777

Related topics : new credit cards with chip / card credit protection / credit or debit card

Simple. Secure. Smart. EMV credit and debit cards are coming to you in 2016.

EMV – or, as they are more commonly known, “chip” – cards are coming to Royal Members in 2016! The chip cards, which are quickly becoming the new global standard, add an additional layer of security against fraud. Both our debit and credit card holders will be issued new cards later this year.

BUTTON – Find out how it works here

Watch for more information on our transition to EMV-enabled cards coming soon!

Remember, we’re here to help! If you have any questions or concerns, please...

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From: Royal Credit Union

Related topics : new credit cards 2016 / new credit cards with chip / card 2016 new year / credit or debit card / credit cards for new credit

Bertie and Marica on Credit Card Terminals and Apple Pay

Bertie and Marica talk about security in the credit card payments industry and how merchants need to know that their credit card terminals are not compatible with Apple Pay, NFC, EMV, Google Wallet and Contactless Cards. The important question is "What is NFC?" It stands for Near Field Communication, and it is the technology that allows contactless transmission between credit cards and cellular phones and the Point of Sale terminals that process credit card and debit card transactions. The EMV...

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From: US Merchant Systems

Related topics : card credit processing terminal / wallets for credit cards with chips / paying off credit cards / new credit cards with chip / all credit cards

Plan to cut down on credit card fraud using chip cards delayed

Many people have been getting those new chip cards, but they can't be used everywhere the way they were intended.

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From: CBS 17

Related topics : new credit cards with chip / use credit card / what's the best credit card to get

Credit Card Processing Terminal Update

Preparing your dealership for EMV® Europay MasterCard Visa card acceptance may require a new EMV terminal, or card reader and software update. Many new cards won’t be compatible with older machines, and it is worth addressing this issue prior to the changeover date in October 2015 so that a dated credit card terminal doesn’t cause problems accepting payment at your dealership and potentially impact your CSI scores or customer experience.

TSYS Merchant SolutionsTM is available to assist...

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From: OADAvideo

Related topics : credit card processing machines emv / accept credit card payments / new credit cards with chip / credit card mastercard or visa / credit cards for new credit

How to Process EMV Credit Cards with Ingenico Terminal

FREE Ingenico ICT220 Terminal at EXS! Here is how to accept the new EMV smartcard chip-based cards that Visa/MasterCard are now issuing to minimize potential credit card breaches. Order your FREE terminal today before the mandated VS/MC October 2015 deadline for all USA merchants!

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From: EMV Credit Card Terminals

Related topics : card credit processing terminal / credit card mastercard vs visa / new credit cards with chip / accept credit cards today / card credit merchant processing

ALERT! Obama Signs Executive Order to Microchip All Credit Cards!

http://www.undergroundworldnews.com

Today, the President is signing a new Executive Order directing the government to lead by example in securing transactions and sensitive data.

While there is no silver bullet to guarantee data security, the President is signing an Executive Order to implement enhanced security measures, including securing credit, debit, and other payment cards with microchips in lieu of basic magnetic strips, and PINs, such as those standard on consumer ATM cards. He is...

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From: DAHBOO77

Related topics : all credit card payment / credit card number security / atm card credit or debit / new credit cards with chip / credit or debit card