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Chip cards make every transaction unique

I like my new chip card, and I don't mind a slightly longer wait to use it. But why exactly is this safer than our old cards?

— Mel S., MedfordWell, Mel, chip-enabled cards aren’t only popular in Oregon, or even the nation — these cards are accepted in more than 80 countries worldwide. If anything, it will make travel — international and local — easier.

But does it make transactions safer? The simple answer is, yes, it does. According to www.usbank.com, counterfeit card fraud is the largest point-of-sale category of fraud. Chip-enabled cards offer more security and lessen the risk of fraud.

The card has a microchip embedded within it that provides additional security against fraud, says the U.S. Bank website. The chip makes every transaction unique by creating a specific one-time code required for a transaction to be approved. The code is nearly impossible to duplicate in a counterfeit card. If the code and data are stolen, a criminal cannot use the information to fabricate counterfeit cards and commit fraud.— Send questions to “Since You Asked,” Mail Tribune Newsroom, P.O. Box 1108, Medford, OR 97501; by fax to 541-776-4376; or by email to youasked@mailtribune.com. To see a collection of columns, go to mailtribune.com/youasked. We’re sorry, but the volume of questions received prevents us from answering all of them.