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Credit and debit cards with EMV chips mean big changes for consumers, shoppers nationwide - Electronic Payments Coalition

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Credit and debit cards with EMV chips mean big changes for consumers, shoppers nationwide

July 31, 2015 | The Plain Dealer

The changes are expected to eliminate about 40 percent of the credit and debit card fraud in this country. But the changes caused by those tiny computer chips will also mean you’ll have to use payment terminals differently, and this could lead to longer lines in stores and restaurants, probably for several months as consumers and companies adjust.