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Many businesses not ready for more secure credit cards

from The Boston Globe

Chipped cards, which are also known as EMV cards, already are the norm in Europe, Canada, and many other parts of the world. Visa and Mastercard have set a deadline for banks and businesses [including churches] to start using the new cards by Oct. 1. If banks haven’t gotten the new cards to their cardholders by that date, or if businesses are still using simple magnetic stripe card readers, they’ll be forced to bear the cost of any fraud that results. more

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