The advancements in credit card technology have made significant strides within the past 6 months. It is becoming more and more common for financial institutions to upgrade credit and debit cards to include EMV Chips. These chips are not only offering more secure transactions for consumers making purchases, but also include some unexpected benefits that business owners are starting to put to good use.
So why change things up from the way they used to be?First of all, this technology has been used abroad for some years now; in fact, the United States is one of the last to adopt it. But more than that, these chips offer both customers and businesses a reduced risk of credit card fraud and an added layer of protection.