Chipped Credit/Debit Cards

Emerald...are you seasoning dishes tonight?

 

corned beef and chipped credit cards - where could this thread go off the rails?

retailers already followed your purchasing (something you agree to with your "terms of privacy") the ability to share your info with other non affiliated third parties is what they send you every year that no one responds to.

YES the chipped transaction takes 30-45secs to complete, but have fun calling your card company after fraudulent charges hit your account - wait times 20mins?
Eric VW fell free to season this

 

The chip readers are all over the place here. Most times the stores don't even know it is there and works, until you show them.

It's more secure than the old cards.

 

And

 

It's Emeril VW.

 

In Florider. Emeril can't pronounce "a" 's and says Florider, or Trisher, instead of Trisha

 

They don't even need the strip. Just strings of random numbers. Try enough of them and eventually you will succeed. The chip does help to elimate the card skimmer problem, but the two cases of fraud I've dealt with have been internet based. Someone in Ireland was buying Xbox games using my info, then someone in Canada tried to buy an iPhone case which ended up at my house. My bank took care of me on both occasions. So yes, the new feature will help out on face to face transactions (where you should be using cash) but will do nothing for Internet purchases, which is where the skimmers use your info to make fraudulent purchases and no chip is needed for a transaction.

Being aware is not the same as being worried. If I were worried, I wouldn't have any cards.

 

If these chips were solely for security reasons, I don't think I would have an issue. But I suspect something else, something nefarious is going on with them. Any time the government gets involved in anything, it is suspect, and they are involved. Then add to the fact, their history of exploiting anything they get their hands on would lead me to believe something more is happening. Like Big Brother is watching you! Your movements, your purchases, when you take you morning constitutional, etc.. If they really wanted our chipped cards to provide security, why not do something about internet based purchases?

The Slider for credit cards has been outdated for some time now, so why the need for raised numbers? For that matter why the need for numbers even printed on the card. It only takes a second to get the picture of the front and rear of a card using any number of camera equipped phones, and I have some mini cameras that are the size of a quarter and one that is a little smaller than a half dollar. Those could also be used to take pictures of someone else's card and use it on the internet.

I have several accounts, one for my nestegg that is extremely secure where I make one withdrawal yearly. That goes into another institutions savings account which I milk the entire year by placing small amounts in checking every week. If I chose to make a large purchase, then I'll make a larger transfer from the savings into checking. That alone has thwarted someone else from using my card fraudulently (several instances over the last couple of years). If the funds aren't in the checking account, the purchase can't be made.

My Debit Card is Chip and Pin. But that chip bothers me. It of course has the magnetic strip. I've already made a foil and tape cap for it with heavy duty foil and duct tape.

 

Just dip your cards in a glass of water from Flint, that should do it!

 

You can visit Flint Michigan any time, just DON'T drink the water! or you'll get a bad case of the trots! Trot to the restroom! Now ain't that the *****!

 

If the gov't is in on this nefarious action their only angle is to pin down your point of transaction and sales tax associated with out of state purchases. That means the states colluded to usurp the Feds(unlikely).
It's all about consumer info, locations, buying preferences etc.

 

How would you buy stuff from Amazon if there were no numbers on the cards ?


Just wait until instead of chip and sign the cards become chip and PIN and your PIN has to be 30 characters, a combination of letters and numbers with at least one character capitalized .......
Course it might not be too much longer and all you'll need to do is an infamous selfie-wink at a camera and a couple fingerprints to purchase something.