Chase Debit Cards To Be Reissued With Microchips

Chicago — Chase officially said last week it plans to reissue all its debit cards to include embedded microchips aimed at helping to reduce fraud. The Chicago Tribune first reported the move last month. Such technology is prevalent in many other countries and is expected to become the standard for payments in the U.S. The reason for the change: Cards in the U.S., which rely on magnetic strips that store personal information, can be...

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