New Credit Card Security Device

I

imp

Senior Member
I got my renewal card from our Credit Union, a VISA, have had the account a long time. The replacement card, has a new kind of data device embedded on the FRONT SIDE, the name and number side, but still has a "mag" stripe on the back. It takes new scanning equipment to use these cards. You slip the card endwise into the scanner, and leave it sit there; you do NOT swipe the card. The screen tells you when to yank it back out, approved or not. Wally-World's scanners accept these new cards, and of course, all older ones.

Guess what? The Smith's supermarket, today revealed to me, they cannot scan the new card! If these new ones are replacing ALL old cards, gradually, all old scanning devices will be obsolete, placing yet another financial burden on retailers, who will pass that cost on to guess you know who, right?

Anyone have this new card yet? imp
 

I have a chip card from American Express. In my area of California most retailers have installed the new terminals that will accept chip cards, but haven't upgraded their software yet. I use it at Walmart, Target, and a couple of other places I can't recall. I also use Apple Pay at a number of retailers.

I bet that only about 5% (a guess) of the public have chip cards so there is no real sense of urgency on the part of retailers. We will see more retailers accepting chip cards after October as I believe that at that date liability for a hack falls onto the retailer rather than the credit card companies.

It is cheaper for a company to get hacked than to prevent a hack.
 

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Yes finally the US is getting chip and pin. We've had them in the UK for 10 or 12 years. I'm due a new card on my US account in Nov. so I hope it's got the chip.

Stores here still have the swipe capability. Otherwise American tourists couldn't use their cards.
 
Ameriscot said:
YesYes finally the US is getting chip and pin. We've had them in the UK for 10 or 12 years. I'm due a new card on my US account in Nov. so I hope it's got the chip.

Stores here still have the swipe capability. Otherwise American tourists couldn't use their cards.
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I assumed all credit card's were chip and pin, all ATM s and shops here in Indonesia use them. All my cards have the magnetic strip erased because of my magnetic mobile phone case :)
 
merlin said:
I assumed all credit card's were chip and pin, all ATM s and shops here in Indonesia use them. All my cards have the magnetic strip erased because of my magnetic mobile phone case :)
Click to expand...

Nope, the US is just now getting them. As people's cards expired their new ones have the chip.

In Thailand we won't use our cards even in the shops that can take them. We go cash only the entire time for everything - even rent and car hire (but we rent one of our communities cars so all the same the 1st of each month).
 
Ameriscot said:
Nope, the US is just now getting them. As people's cards expired their new ones have the chip.In Thailand we won't use our cards even in the shops that can take them. We go cash only the entire time for everything - even rent and car hire (but we rent one of our communities cars so all the same the 1st of each month).
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I use them to get cash from ATM s mainly, how do you get cash? Or do you take it with you?
 
merlin said:
I use them to get cash from ATM s mainly, how do you get cash? Or do you take it with you?
Click to expand...

We brought enough to pay first months rent and car. Then ATM the rest of the time. We will be there 3 months next winter so that's a lot of cash.
 
Ameriscot said:
We brought enough to pay first months rent and car. Then ATM the rest of the time. We will be there 3 months next winter so that's a lot of cash.
Click to expand...
Since getting the Halifax cc the only one which gives you the interbank exchange rate, better than the tourist rate, and free use of ATM s I stopped taking cash as it saves the hassle of changing it, as well as getting more for your money and safer.
 
merlin said:
Since getting the Halifax cc the only one which gives you the interbank exchange rate, better than the tourist rate, and free use of ATM s I stopped taking cash as it saves the hassle of changing it, as well as getting more for your money and safer.
Click to expand...

I've got Halifax. But my US debit card I get a refund on all ATM fees.
 
I got that new chip card too, I heard about it so I went to the bank and ask for a new card.
This chip makes it harder for anyone else to use your card or so they say.
 
Ameriscot said:
Yes finally the US is getting chip and pin. We've had them in the UK for 10 or 12 years. I'm due a new card on my US account in Nov. so I hope it's got the chip.

Stores here still have the swipe capability. Otherwise American tourists couldn't use their cards.
Click to expand...

No chip and pin cards in the US. Chip cards are being introduced here as chip and signature cards. I don't know what good a signature does to authenticate anything. I could put "Hitler" in the signature place on the terminal and it would be accepted.
 
merlin said:
Since getting the Halifax cc the only one which gives you the interbank exchange rate, better than the tourist rate, and free use of ATM s I stopped taking cash as it saves the hassle of changing it, as well as getting more for your money and safer.
Click to expand...

I got a very good rate at travelex at the airport here if I preordered.
 
Davey Jones said:
I got that new chip card too, I heard about it so I went to the bank and ask for a new card.
This chip makes it harder for anyone else to use your card or so they say.
Click to expand...

I got a call two days ago, asking if I had charged purchases in Tucson recently. I said, hell no! The purchases were menial, eateries and the like. The agent I spoke to was more knowledgeable than the one a few weeks ago, a different card, also fraudulently used in Detroit! Again, menial purchases. He confirmed my question about the cards actually being physically duplicated; one cannot buy McDonalds burgers by simply reciting an account number: ya gotta have a card to hand them.

But, a guy capable of duplicating a card with all it's encoded info, do you think he will take it to a McDonalds? My thinking is these duplicate cards are being sold in some way. I get many spams offering credit cards, never open any, but I'll bet the poor and indigent will pay to buy a card, thinking it's a Bank Assurance for pay-back.

I have no a score of 3: My name & S/S number used in Oklahoma to file a fraudulent 1040 with IRS requesting refund over $7,000, now these two fake cards. I have no idea how my info has been leaked. Neither card had the "chip", which means little, probably. The hardware used to encode stuff, regardless of the technology in use, can fall into the wrong hands, like anything else, don'tcha think? imp
 
Chip and "pin"?

What is meant by this? PIN as in Personal ID Number, or something else? Are the "mag" strips on backside of "Chip" cards no longer used for anything, or does no one know, another deep dark banking secret? imp
 
Yes pin like you use at ATM. Instead of signature. Our UK ones also have a magnetic strip but I guess that's if we travel to US.
 
imp said:
I got my renewal card from our Credit Union, a VISA, have had the account a long time. The replacement card, has a new kind of data device embedded on the FRONT SIDE, the name and number side, but still has a "mag" stripe on the back. It takes new scanning equipment to use these cards. You slip the card endwise into the scanner, and leave it sit there; you do NOT swipe the card. The screen tells you when to yank it back out, approved or not. Wally-World's scanners accept these new cards, and of course, all older ones.

Guess what? The Smith's supermarket, today revealed to me, they cannot scan the new card! If these new ones are replacing ALL old cards, gradually, all old scanning devices will be obsolete, placing yet another financial burden on retailers, who will pass that cost on to guess you know who, right?

Anyone have this new card yet? imp
Click to expand...

Yesterday I went to Target and used my Debit Card which can be used as a debit or go through Visa as a debit. I put in my pin and the machine asked me to re insert the card end in first and no pin. The transaction went through without a pin or signature. I had to leave the card in the machine until asked to remove it.
 
I have never known that happen here...although the machine can ask you to use a different card.
 
The PIN is just another four digit number. Chip cards also have a "mag" strip and can be used just like we always have. Why the US decided to use signature rather than PIN chip cards is open to question. Maybe the banks think that Americans are too busy polishing and worshiping their guns and taking selfies of themselves than they won't have time to memorize another PIN. Who Knows?
 
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Ameriscot said:
Yes finally the US is getting chip and pin. We've had them in the UK for 10 or 12 years. I'm due a new card on my US account in Nov. so I hope it's got the chip.

Stores here still have the swipe capability. Otherwise American tourists couldn't use their cards.
Click to expand...
Europe is always ahead it seems.

I'm wondering if these new cards are more subject to the illegal scanning they say people can do and gather your credit card information.
 
I asked the manager yesterday at Smith's (Kroger owned) if my "Chip" card can be read by their scanner by swiping the card, and she said "No". imp
 
imp said:
Guess what? The Smith's supermarket, today revealed to me, they cannot scan the new card
Click to expand...

I reckon that the Supermarket hasn't understood the instructions!

Of course they can still be used, that is what the magnetic strip
is for.

We can use either here, if the machine can't read the chip first,
then you get to swipe it, either on the side of the reader, or the
cashier can do so on the side of her screen.

Mike.
 
Mike said:
I reckon that the Supermarket hasn't understood the instructions!

Of course they can still be used, that is what the magnetic strip
is for.

We can use either here, if the machine can't read the chip first,
then you get to swipe it, either on the side of the reader, or the
cashier can do so on the side of her screen.

Mike.
Click to expand...

I thought that, too, however, at Wal-Mart, having just received the new chip card, my attempt at swiping first, unknowing of the existence of the chip, stated "unable to read card", at which point the clerk noted it was a chip card, and showed me how to insert it. That worked. Perhaps programming is set up in such a way as to require "chipping" first, and "swiping" second, in the event of that first attempt failing?

It hurts, to HAVE TO KNOW! Ask my poor wife! :( imp
 
Hi Imp, maybe the cashier has to tell the till
to use the chip or the swipe.

Mike.
 

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