Chris Lee: Deadline for safer credit cards arrives

CHICAGO (FOX 32 News) - Things are going to be a little different at the check out line starting October 1, when many retailers will upgrade their terminals to accept more secure chip-enabled credit and debit cards.

Several surveys indicate that 60 percent of consumers still have cards only equipped with the magnetic strip and not the chip. Chip-enabled cards require a dip in the machine instead of a swipe.  The chip-enabled cards are verified via the payment terminal, which offers further fraud protection.

Starting Thursday, retailers that don't accept the upgraded technology may be liable for any fraudulent charges.

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