Last October was the deadline for credit card companies, banks and retailers to start using chip-based credit and debit cards. However, many people are still swiping cards at stores, and others have not even received a new chip card. The chip is supposed to improve security and protect your transactions, so what’s the hold up?
FOX43 talked to a local bank and a local tech expert and found an all-too-common answer: time and money.
Tonight on FOX43 News at 10, learn more about the balancing act behind the nationwide switch to the chip, and exactly how the chip cards work to your benefit.