Letter: Credit/debit cards

March 6, 2014 

Shoppers, are you concerned about the security of our credit/debit card use at big retail stores? Me too.

The theft of consumer information from big stores such as Target and Neiman Marcus left me wondering why the U.S. doesn’t have a more secure system in place. Europe’s credit and debit cards are equipped with a higher level of security through “Chip and PIN” embedded microchip technology. In order to use a card, you must enter a code each time.

Why isn’t the U.S. using this technology?

Big retailers have apparently resisted implementing this technology because of the cost of new terminals. Their complaint would be far better received had they not recently received a Durbin amendment $20 billion windfall in the form of reduced swipe fees.

Banks aren’t to blame — it’s time to change over to Chip and PIN technology.

Big retailers need to stop dragging their feet.

Wayne E. Johnson, Hayden Lake

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