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Security & Privacy If chip technology is more secure, does that mean payment systems using magnetic stripe technology is not secure?

April 26, 2017chip MAGNETIC mean payment privacy Secure security stripe SYSTEMS Technology

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Security & Privacy If chip technology is more secure, does that mean payment systems using magnetic stripe technology is not secure?

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Magnetic stripe technology continues to be a safe form of electronic payment. Chip technology is an evolution of the electronic payments system designed to make an already safe payments system even more secure.