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EMV chip scams: If your credit card has an EMV chip, it should be dipped into an EMV card reader for secure transactions. However, scammers have found ways to exploit these systems.
Computer researchers may have found a flaw in chip-based credit cards. Though the cards are designed to combat fraudulent cloning, apparently there’s a way to rewrite the magnetic strip code so ...
The Target breach may have shocked U.S. merchants into wanting to deploy EMV-chip cards, but it's an episode that has played out globally in a nearly identical manner, says Henwood, who was promoted ...
BankDhofar migrates with CBO-OmanNET EMV programme The new feature brings in enhanced security measures and smoother account-to-account transactions between BankDhofar and other local bank accounts ...
In fact, when using the new EMV Chip and PIN Cards, the cardholder authorises the transaction by entering his/her PIN on the keypad of the Electronic Point of Sale Terminal.