Are “Swipeless” Credit Cards Containing RFID Chips Safe?
January 4th, 2010
Many credit card companies are considering the use of radio-frequency identification (RFID) chips in their credit cards instead of magnetic stripes. Why RFID technology? The advantage is quicker, more efficient transactions, especially those carried out at traditionally “cash only” retail outlets, such as fast-food or convenience store purchases. Major credit card moguls MasterCard, Visa and [...]