A Dispatch review of Columbus’ credit card expenditures revealed spending has stayed largely within the city’s expressed credit card usage policies so far this fiscal year.
Millions of Americans are getting new credit and debit cards with more secure chip technology, and that’s already leading to headaches for companies that rely on working cards to charge their customers every month.
Beginning today, businesses that accept credit card payments must be equipped to receive charges from chip-embedded cards or face liability for fraudulent transactions.
Even as an Oct. 1 deadline approaches to replace Americans’ out-of-date credit cards with new cards embedded with computer chips, the vast majority of Americans still have not received their new cards.
A big change is happening inside your wallet.
Criminals from around the world buy and sell stolen credit card information with ease in today’s digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal prosecutors.
Visa and MasterCard are renewing a push to speed the adoption of microchips into U.S. credit and debit cards in the wake of recent high-profile data breaches, including this week’s revelation that hackers stole consumer data from eBay’s computer systems.
A South Texas police chief said Monday that two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise.
With only 19 shopping days left until Christmas, shoppers crowd the stores and browse the Internet in search of the perfect gift. For many, that means paying for the item by a swipe of the debit card and that could make unsuspecting shoppers vulnerable.