Swiping your card to pay for things is becoming a rare activity, according to some…
Swiping your card to pay for things is becoming a rare activity, according to some new data.
CardFlight, which makes payment technologies, said that over 80% of the merchants using its SwipeSimple device have upgraded to EMV Quick Chip Payment acceptance.
You’ve probably noticed this too, since the chip “insert” has replaced the swipe in supermarkets, ATMs, gas stations and other common points of sale across the country.
Chip cards are definitely safer than the old magnetic stripe – which was so easy to hack that simple devices designed to steal information from stripes were sold on the Internet for under $1,000.
However, we shouldn’t feel too safe with chips. After all, stealing our card data is a multi-billion dollar enterprise for crooks. What we’re all learning the hard way is that methods of stealing our data our often overpowering and outpacing methods to protect our data these days.
So, don’t let your guard down. Anytime a machine asks for a PIN or your zip code or anything else, give a quick look around to see if anyone is standing too close, then cover your typing hand with your other hand to prevent prying eyes, (or well-placed cameras) from catching your information as you type it in.
It’s the least we can all do to ruin a crook’s day.