Here's why Americans are getting new credit and debit cards
Friday, October 2, 2015 - 02:50
in Mathematics & Economics
The battle against credit card fraud is inching forward. As of Thursday, the liability for fraud committed using traditional MasterCard and Visa magnetic-stripe credit and debit cards will shift from banks to stores. The move is part of a drive by the banks and payment companies to get people to use the new, more secure cards embedded with computer chips.