Why Security Chips Are An Edge To Your Credit Card July 16, 2014 | Page 2
Long ago, we see money in form of gold bars, coins and paper
bills. Through the years people have managed to outdate this
mode of payment. Several bank and credit card companies
emerged to accommodate our instant need of paying for gifts
and other common necessities.
Even
the
repayment
calculator,
or
Tilgungsrechner as what some people call it,
is
conceived
to
determine how much time and money you can save if you
increase the amount of monthly payment you contribute in debt
like credit cards.
Yet there is a possibility that
these things may not be
necessary anymore in the near
future.
There
are
new
innovations
like
microchips
embedded in credit cards to
secure people’s accounts in
transmitting data. And when
going out of the country or
doing a transaction, you don’t
need to go through any
foreign fees which often
hinders
your
international
travels.
Now this, is pure heaven for
our dear jet-setters.
Photo Credits to: rismedia.com
Photo Credits to: mint.com