EMV - which stands for Europay, MasterCard and Visa - is a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. In the wake of numerous large-scale data breaches and increasing rates of counterfeit card fraud, U.S. card issuers are migrating to this new technology to protect consumers and reduce the costs of...
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Never Ever Give a Copy of Your Credit Card Recently I was told that a doctor’s office asked for a credit card to copy and “keep on file”. OH NO!! Do NOT do that. If you give your credit card to ANYONE you are authorizing him or her to use it, at his or her discretion. By all means, pay...
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Credit Card Skimmers Credit card skimming can happen almost anywhere. The one we hear about most is at the gas pump. A device is attached over top of the credit card reader so when a card is run the reader copies all your card information. A counterfeit card is then made and used either online or where a chip card...
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Chip Card vs Swipe Card - Credit Card Security Does it matter if a store doesn’t have a machine that accepts chip cards? YES, YES, YES!!! A chip card protects your identity from being stolen. Merchants were required to have them installed by October 2015, YES over a year ago. Most don’t understand that they now may have to cover...
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EMV Compliance - Credit Card Security EMV stands for European MasterCard Visa. It started in Europe and has dramatically reduced credit card fraud. When your credit or debit card is EMV Compliant, your card has a tiny chip inside that sends a different code to your bank EACH time the card is used. Many banks require you use a pin...
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The following are excerpts from an article which originally appeared in the Florida Times-Union. G2 I.D. Source grows to multi-million dollar labeling company in 8 years The three buildings with 21 employees and about 12,000 square feet of operating space on Montana Avenue in San Marco are barely noticeable from the street at the G2 I.D. Source headquarters. What started...
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