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U.S. magnetic stripe credit cards on brink of extinction?
Posted on August 4th, 2009 No commentsCreditcards.com-In the United States, fraud and identity theft cost consumers $48 billion in 2008, according to a report from Javelin Strategy and Research, but the increase from 2007 was only 7 percent. In spite of a potential European ban on magnetic stripe cards, credit card issuers in the United States aren’t rushing to make a change.
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U.S. magnetic stripe credit cards on brink of extinction?
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