31 ms·
Too many moving parts that can break, pinch and mutilate. Plus, given previous attempts, it would only block crooks for a fairly small amount of time before the
by Sanddancer 12y ago
Too many moving parts that can break, pinch and mutilate. Plus, given previous attempts, it would only block crooks for a fairly small amount of time before they figured out how to counteract it. The best course of action here is to get rid of the sixty year old tech and finish moving to chip and pin, where there is no magstrip to skim.
- zephjc 12y agoAccording to http://www.tomsguide.com/us/chip-and-pin-credit-cards,review-2013.html http://www.tomsguide.com/us/chip-and-pin-credit-cards,review... "U.S. retailers have until Oct. 1, 2015, to install chip-and-PIN compatible card readers at stores. After that date, merchants will be held liable for any fraudulent charges resulting from misuse of magnetic-stripe cards."
- freeasinfree 12y agoMerchants are already de facto liable for fraudulent charges.