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Are Chip cards 100% immune to fraud?

April 26, 2017cards chip fraud

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Are Chip cards 100% immune to fraud?

2 Answers

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Chip represents the highest level of security available to protect payment information and prevent fraud. While no technology is 100 per cent invulnerable, Chip cards employ a range of security features and measures that work in concert with each other to create a multi–layered defense against fraud. We are regularly testing our systems and the technology to assure the highest level of security.

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Posted

Chip represents the highest level of security available to protect payment information and prevent fraud. While no technology is 100% invulnerable, chip cards employ a range of security features and measures that work in concert with each other to create a multi-layered defense against fraud. We are regularly testing our systems and the technology to assure the highest level of security.