E M V FRAUD PROOFING
YOUR CREDIT CARDS
Look for an upgrade coming to your credit cards. In the fight against Credit Card Fraud U.S. Banks are adding something
called EMV technology, which stands for “Europay, MasterCard, and Visa.”
TRANSLATION: Credit cards will soon be equipped with a super-small computer chip that promises to be extremely difficult
to counterfeit. If you have received a new card recently, chances are it already has the EMV technology.
Here’s a crazy statistic: Almost half of the world’s credit
card fraud now happens in the United States