Quote:
Originally Posted by Team Jetfire
A mag strip can be copied and reproduced in minutes while a chip is pretty well locked down and controlled.
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After going to all the trouble to implement the chips and pass codes for them the banks sudden desire to introduce and somewhat force the "Tap" function onto its customers makes those seemingly worthwhile security features somewhat meaningless.
I've seen customers accidentally lose their cards in our parking lot on multiple occasions now getting nailed with charges at our store and other retailers because of this ability for the card to be used somewhat willy nilly by unscrupulous folk.
