• Fuyu
    +2

    You know how stores have traditionally processed your credit card by reading its magnetic strip? Well that’s going away starting in October. ... This technology will supposedly reduce instances of credit card fraud.

    the new cards will still have magnetic strips you can use for merchants who haven’t upgraded yet.

    Uhh... so how is this supposed to help?

    • RandomHuman
      +1

      Merchants will need time to make the transition.