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Chip cards, also known as EMV cards, offer increased security for transactions in the US compared to traditional magnetic stripe cards. The main benefits of using chip cards include reduced fraud risk, improved authentication, and protection against counterfeit card use. The embedded microchip in chip cards generates a unique code for each transaction, making it harder for fraudsters to clone the card or steal sensitive information. This enhanced security feature helps to safeguard personal and financial data, providing consumers with greater peace of mind when making purchases.

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4mo ago

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