Don’t fall for this chip credit card scam
The credit card industry is undergoing a massive change as it switches to chip-based cards, and scammers are taking advantage.
Banks have been sending out new credit and debit cards that have an embedded microchip to meet an October 1 liability change deadline. But not everyone has received a new card yet: A September survey showed almost 60% of card users haven’t received a chip-enabled card.
The uneven distribution of new cards is leaving a window open for scams.
Retiree News 
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