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Costly shift to new credit cards won't fix security issues

Mar 3 2015 2:23AM EST | Source: REUTERS Technology

CHICAGO (Reuters) - New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. But despite a price tag of $8.65 billion, the shift will address only a narrow range of security issues.


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