“What’s next? Paying with the butt?” Check out more awesome videos at BuzzFeedVideo! http://bit.ly/YTbuzzfeedvideo BASED ON THIS BUZZFEED POST: https://www.buzzfeed.com/charliewarzel/yes-we-scan GET MORE BUZZFEED: www.buzzfeed.com/videoteam www.facebook.com/buzzfeedvideo www.instagram.com/buzzfeedvideo www.buzzfeed.com/video www.youtube.com/buzzfeedvideo www.youtube.com/buzzfeedyellow www.youtube.com/buzzfeedblue www.youtube.com/buzzfeedviolet BUZZFEED VIDEO BuzzFeed Motion Picture’s flagship channel. Sometimes funny, sometimes serious, always shareable. New videos posted daily! Subscribe to BuzzFeedVideo today! http://bit.ly/YTbuzzfeedvideo MUSIC Dr. Doozy Licensed via Warner Chappell Production Music Inc. SFX provided by Audioblocks. (https://www.Audioblocks.com) Footage provided by VideoBlocks http://vblocks.co/x/BuzzFeedYouTube
Views: 8411503 BuzzFeedVideo
The latest in the Atlanta Fed's animated video series explores the U.S. payments system, which every day handles millions of transactions between buyers and sellers. Learn about the Fed's role in keeping the nation's payments system secure and efficient.
Views: 13375 AtlantaFed
Commonly used globally in place of magnetic stripe, EMV chip technology helps to reduce card fraud in a face-to-face card-present environment; provides global interoperability; and enables safer and smarter transactions across contact and contactless channels. EMV implementation was initiated in the U.S. market in in 2011 and 2012 when American Express, Discover, MasterCard and Visa announced their roadmaps for supporting an EMV-based payments infrastructure. Acquirer processor readiness mandates to support EMV were established for 2013, with liability shifts for managing fraud risk in a face-to-face environment set for 2015. The EMV Migration Forum EMV 101 Webinar Recording provides a primer on EMV chip payments for U.S. payments industry participants. The webinar provides comprehensive review of EMV chip payments, including the EMV transaction flow and options for card authentication, cardholder verification and transaction authorization. EMV chip terminology and processes are introduced to provide a foundational understanding of EMV to support migration planning.
Views: 63398 Smart Card Alliance
The Clearing House Interbank Payments System is a United States private clearing house for large-value transactions. By 2010 it settling well over US$1 trillion a day in around 250,000 interbank payments. Together with the Fedwire Funds Service, CHIPS forms the primary U.S. network for large-value domestic and international USD payments. CHIPS transfers are governed by Article 4A of Uniform Commercial Code. Unlike the Fedwire system which is part of a regulatory body, CHIPS is owned by the financial institutions that use it. Banks typically prefer to make payments of higher value as long as they are less time-sensitive in nature by CHIPS instead of Fedwire, as CHIPS is less expensive. One of the reasons is that Fedwire is a real-time gross settlement system, while CHIPS allows payments to be netted. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 4054 Audiopedia
We rely on Chip & PIN machines to pay for things in a safe way, so how are they being compromised? Ross Anderson is Professor of Security Engineering at the Computer Laboratory, University of Cambridge. Man in the Middle Attacks: https://youtu.be/-enHfpHMBo4 AI Worst Case Scenario - Deadly Truth of AI: https://youtu.be/tcdVC4e6EV4 The Problem with JPEG: https://youtu.be/yBX8GFqt6GA http://www.facebook.com/computerphile https://twitter.com/computer_phile This video was filmed and edited by Sean Riley. Computer Science at the University of Nottingham: http://bit.ly/nottscomputer Computerphile is a sister project to Brady Haran's Numberphile. More at http://www.bradyharan.com
Views: 733981 Computerphile
Join the Federal Reserve Banks to learn more details on sending or receiving U.S. dollar payments to or from a party outside the United States via the Fedwire Funds Service. Highlights include understanding the banks involved in cross-border funds transfers, options for obtaining routing information for cross-border funds transfers, a walk-through of sample cross-border funds transfers. Ideal for product managers, business contacts and wires operations staff.
Views: 1776 FedPayments Improvement
A day in the life doing Uber EATS - https://youtu.be/rlRKAnDtjQ8 I did a week in the life driving for uber eats! V V V V V OPEN V V V V V V I worked 5 days Monday - Friday for 36 hours and 52 minutes online. My take home pay was $534.02. I spent $84 in gas and did over 450 miles on my car. I did 72 trips. I quit my Amazon delivery job a few months ago and have been doing this in the mean time. I don’t plan on doing it forever obviously. How much do you make in a week doing Uber or Uber Eats? Please include your city! Sign up for Uber with my code- nicoler25433ui https://www.uber.com/a/signup/drive/deliver/?70307t=&invite_code=nicoler25433ui Shop things I love on Amazon- https://www.amazon.com/shop/nikkimarievlogs Any Questions?? Leave them in the comments section! My Website: www.thenikkimariebrand.com Don't forget to subscribe to my channel! Nikki Marie Vlogs -- https://m.youtube.com/c/nikkimarievlogsNMV?sub_confirmation=1 ••••••••••••••••••••••••••••••••••••••••••••• FOLLOW ME: Snapchat @queennixx86 Instagram @nikkimariebrand Business Inquires: [email protected] =============================== Affiliate links: Sign up for Uber with my code-nicoler25433ui www.uber.com/a/signup/drive/deliver/?70307t=&invite_code=nicoler25433ui Try Cash App using my code and we’ll each get $5! NMHRCPF https://cash.me/app/NMHRCPF queennixx Tubebuddy -a tool to help grow your YouTube https://www.tubebuddy.com/NikkiMarie Referral Cars Signup — https://go.referralcars.com/start?affiliate_id=1124280 Support my channel - check out my Teespring shirts -https://teespring.com/stores/nikki-marie Teespring travel shirt women’s— https://teespring.com/new-hashtag-plane-tee#pid=370&cid=6546&sid=front Teespring travel shirt men’s — https://teespring.com/hashtag-plane-tee#pid=2&cid=2397&sid=front Try Amazon Prime(Free 30 day trial) — https://amzn.to/2qbCYtD Try Audible(30 Day Free Trial) — https://amzn.to/2EV7dPR Amazon Fresh Free Trial — https://amzn.to/2qh8Jlb Filming Equipment I use: Sony HX80 — https://amzn.to/2BsuXq0 Campark ACT74 — https://amzn.to/2GoHLlJ Canon T6i — https://amzn.to/2SyCuO7 Ring Light — https://amzn.to/2SkYL2t Webcam — https://amzn.to/2I5NazE Laptop — https://amzn.to/2MWdrPu Editing— imovie — https://www.apple.com/imovie/
Views: 677555 Nikki Marie
Buzzfeed tech reporter Charlie Warzel, shares his experience of a Venmo-enabled chip inserted into his hand, and the outlook for digital payments. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Buzzfeed Reporter Implants Payments Chip In Hand | CNBC
Views: 12650 CNBC
October 1st is the official kickoff to chip usage in the U.S. A recent study by Visa shows that eighty-nine percent of consumers are aware of chip cards, but only 30 percent have actually used one. Also, with more than 141 million cards, the U.S. now has more chip cards issued than any country in the world. So how does it work? Stephanie Ericksen, vice president of Risk Products at Visa, answers some of your questions.
Views: 30524 KGUN9
(11 Jun 2017) LEADIN:??Sweden's cyborgs are on the move. The country's state-owned rail operator is now allowing passengers to use microchip implants rather than conventional tickets.??SJ claims it will make train journeys more convenient, but experts warn there are privacy and data protection issues to consider.??STORYLINE: All aboard at Malmo central station. State-owned Swedish rail operator SJ says around 130,000 people use its train services every day. For most, that means purchasing traditional paper tickets or buying a digital one online. But now there's no need to rustle through bags or email inboxes in search of tickets. SJ says it will now allow passengers to use microchip implants rather than conventional tickets. That means all SJ employee Stephan Ray needs to travel is his left hand ... and the small NFC (Near Field Communication) microchip implanted in it. But why? "Simply because we can and also because our corporate customers (were) asking for it," says Ray. "And we want to contribute to make their digital experience better and also their travel experience. "So, this will most likely make their train journey more convenient." SJ claims to be the first travel company in the world to enable passengers to use microchip implants to validate their tickets. It's currently being trialed just among 'SJ Prio' members. The small implants use NFC (Near Field Communication) technology, the same tech used in contactless credit cards or mobile payments. When activated by a reader over a few centimetres, a small amount of data flows between the two devices via electromagnetic waves. It's no huge leap. SJ train conductors already use NFC-enabled smartphones to scan ticket barcodes and validate them. Rather than continually uploading tickets into their hand, "chipped" passengers like Ray use SJ's smartphone app to programme their unique customer number onto their implant. That means when conductors scan the implants, it recognises the customer number and accesses ticket information online. "This is a new technology, of course, we are seeing the baby steps in this area, but everything that makes our lives easier, I think, is interesting," says Ray. "And being able to travel on the train without using a ticket is a new way and I think that attracts new customers to SJ." Biohacking, including implanting microchips under the skin, is becoming increasingly popular in Sweden. Epicenter, a trendy co-working space in Stockholm, claims to have over 150 members that use microchip implants to open doors and operate office equipment. "It's going fast right now and I think we need to be there because this is a new technology and it doesn't make such a big difference right now, but we have to try the technology and learn from it to find this new areas we can use it," says Lina Edstrom from SJ. "It's going to be interesting to have a look in the future field, but I think maybe you can pay your ticket and you can have everything on the ticket in your hand. "Maybe it's not going to be in your hand, maybe it's a watch or a ring or something. So it might be somewhere else." But experts warn there are security and privacy issues to consider. If chips generate data, where will that go and who will be able to access it? "It's relatively uncertain how they will be used or what kind of information will be transferred from these chips and where it will be going," says Ben Libberton, a microbiologist at Stockholm's Karolinska Institute. "So I think that it's important to consider these implications to make sure every step along the way of this technology development that the security and ethical implications are considered fully." Ray claims because the microchips only store customer numbers, there's little data to access. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/f5cdd0b2ca7321f69f3ad09af0eef1d4 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 64071 AP Archive
Three Square Market will be the first U.S. business to implant RFID microchips in its employees hands this August. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC This Wisconsin Company Is The First U.S. Business To Implant Chips In It's Employees | CNBC
Views: 5133 CNBC
Contactless payment systems are credit cards and debit cards, key fobs, smartcards or other devices which use RFID for making secure payments. The embedded chip and antenna enable consumers to wave their card or fob over a reader at the point of sale. Some suppliers claim that transactions can be almost twice as fast as a conventional cash, credit, or debit card purchase. At the same time the thief have also become smart. They have devised methods to copy customers card details on their devices. This video shows how the theft takes place in the real world.
Views: 222024 tinuzzzz
Learn how to accept a chip card payment with the PayPal Chip and Swipe card reader. The PayPal Chip and Swipe card reader lets you accept chip cards and magnetic-stripe cards in person, in-store, or on the go. The card reader connects wirelessly via Bluetooth to the PayPal Here app on your compatible iOS or Android mobile phone or tablet. Learn more about PayPal Here: https://www.paypal.com/us/webapps/mpp/credit-card-reader Subscribe to PayPal: http://bit.ly/paypalsub Sign up for PayPal: http://bit.ly/1nU1N9G Visit the PayPal Website: http://bit.ly/paypalwebsite Visit the PayPal Blog: http://bit.ly/1Nnbz9m PayPal on Facebook: http://on.fb.me/1I0kniI PayPal on Twitter: http://bit.ly/pypltwitter
Views: 32565 PayPal
How the Domestic & International payment system works. Revised from original version. *Challenge Question:* 1) Is it possible for banks to "lend out" reserves? *Terms:* Fedwire - a wire transfer service offered by the US Federal Reserve that debits and credits member bank accounts. Clearinghouse Interbank Payments System (CHIPS) - a private clearinghouse that accumulates daily transactions from member banks and settles at the end of 24 Hours. As much as 95% of all dollar transaction use the CHIPS service, this includes international transactions also. Society for Worldwide Interbank Financial Telecommunication (SWIFT) - A private company headquartered in Belgium. SWIFT maintains a network of international wire transfer protocols. Most international wire transfer communication occurs in the SWIFT format.
Views: 21669 Wayne Vernon
Learn more about using your Square Reader and search our Support Centre at http://www.square.com/setup. Watch how to accept payments with your Square contactless and chip reader. TRANSCRIPTION: You can accept chip cards and contactless payments with the Square contactless and chip reader and swipe cards with the included magstripe reader. Make sure you position your reader so it’s within reach of both you and your customer. This lets you accept payments quickly and easily. Select an item from your library or enter a dollar amount for a new item. Then, tap Charge. Wait for one green light to appear on your reader. This means it’s ready to accept payment. To take a chip card payment, insert the chip card into Square Reader chip-side facing up, and leave it there until you see the checkmark or four green lights appear on the reader. To take a contactless payment, tap Charge, wait for one green light to appear, then have your customer hold their contactless device near the reader. Four green lights will appear, and when you see the checkmark, you’re all set. To swipe cards the old-fashioned way, just use your Square Stand’s built-in magstripe reader or use the included magstripe reader with your device. To learn more about setting up or taking payments with your reader, go to http://www.square.com/setup.
Views: 22149 Square
Learn more about using your Square Reader and search our Support Centre at http://www.square.com/setup. Watch how to charge, connect, and accept payments with your Square contactless and chip reader. Chapter 1: Getting started with Square Reader Chapter 2: Connecting Square Reader via Bluetooth LE Chapter 3: Connecting Square Reader to Square Stand Chapter 4: How to accept payments TRANSCRIPTION: Here’s everything you need to know to get your Square Reader set up and running. Inside your box there’s a Square contactless and chip reader, charging cable, and a Square magstripe reader. The Square contactless and chip reader has an EMV chip card slot, power button, port for the charging cable, and NFC antenna built inside. The battery should last all day on a single charge with normal usage. To check the battery level, press the power button. Four green lights indicates your reader is fully charged and it’s ready for payments. Three or two green lights indicates a partial charge and it can take even more payments. And one red light means your reader needs a charge immediately. To charge it up, plug the cable into your reader and a computer, USB wall charger, car charger or USB battery pack. It should take two to three hours to get a full charge. Four green lights means your reader is ready for business. Now let’s connect your reader to your device. You can connect Square Reader to your smartphone or tablet via Bluetooth LE. Make sure your device has the latest version of the Square app. You’ll need to do this before you can connect Square Reader. Next, go to your device’s settings and turn on Bluetooth. Now you’re ready to pair your device with your reader. Open the Square app. Go to the menu, Settings, Card Readers, Connect a Reader, and then Contactless and Chip Reader. Press and hold the power button on your reader for about three seconds. When the four orange lights start flashing, release the button. The Square app will automatically pair with the reader. Your reader may go to sleep to save power. If it does, press the power button once and the Square app will connect instantly. Square Reader comes with a USB cable so you can connect it to Square Stand. Plug the cable into your reader and your Stand’s USB hub to accept payments, and keep your reader charged all day. Square Reader connects automatically and you’ll know when your reader is ready. You can also connect with a Dock for Square Reader. Place your reader into the dock with the USB port facing downwards. Then, set the clip in place to secure your reader. Take the dock’s USB cable and plug it into your Stand’s USB hub. The dock charges your reader, gives it a home on your counter, and positions your reader to accept contactless payments and chip cards. Now let’s start taking payments. You can accept chip cards and contactless payments with the Square contactless and chip reader and swipe cards with the included magstripe reader. Make sure you position your reader so it’s within reach of both you and your customer. This lets you accept payments quickly and easily. Select an item from your library or enter a dollar amount for a new item. Then, tap Charge. Wait for one green light to appear on your reader. This means it’s ready to accept payment. To take a chip card payment, insert the chip card into Square Reader chip-side facing up, and leave it there until you see the checkmark or four green lights appear on the reader. To take a contactless payment, tap Charge, wait for one green light to appear, then have your customer hold their contactless device near the reader. Four green lights will appear, and when you see the checkmark, you’re all set. To swipe cards the old-fashioned way, just use your Square Stand’s built-in magstripe reader or use the included magstripe reader with your device. To learn more about setting up or taking payments with your reader, go to http://www.square.com/setup.
Views: 67262 Square
You can sign up for Square via my referral link and get your first $1,000 in payments free!: https://squareup.com/i/TRISTANTOM FAQ about EMV cards: http://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php Help my channel out by using the links below. Thank you for your support. ►Shop Amazon using this: http://amzn.to/1qENnra ►My Wishlist: http://amzn.com/w/TSA0X1B7BI3 Join The Patreon: https://goo.gl/hz6eqc Please note: I am a Square shareholder.
Views: 151527 Mediahound
EMV or chip payment cards will soon be widespread in the U.S. as banks and other financial institutions make the switch from magstripe debit & credit cards to more secure contact, contactless and mobile payments. See how the technology works and has already reduced fraud around the world.
Views: 34239 Gemalto
Click here to get the full story and how you could be affected http://whi.ch/chipandpinvideo?utm_campaign=video_money&utm_medium=video&utm_source=youtube_channel&utm_content=chipandpinbankcardfraud&utm_term=description Which? has seen evidence that criminals can use a stolen debit or credit card to pay for items without the cardholder divulging the correct Pin, by using technology that hoodwinks the card reader into believing a legitimate code has been entered. This leaves the cardholder liable for the loss as banks will often not refund the money if the PIN has been entered.
Views: 50565 Which?
Be Ready for EMV - Order your mobile QuickBooks Payments EMV Card Reader today: https://blackrockbusiness.com/shop/quickbooks-emv-chip-card-reader/ Reads both EMV chips and magnetic stripe cards Works with Apple and Android devices Works with your existing GoPayment app and fits in your pocket --- What is EMV? --- EMV is a new US credit card payment standard meant to make credit transactions more secure. "EMV" stands for Europay, MasterCard, and Visa - the developers of this standard. It is time to switch your QuickBooks Payment Processing over to EMV. --- Why do I need to switch to EMV? If your customers use a chip enabled card and you do not have an EMV reader, you may be liable for certain costs from counterfeit or stolen cards during card present transactions Credit card companies are all transitioning to chip enabled cards. Switching to an EMV reader for QuickBooks may help reduce your liability for costs associated with certain types of credit card fraud. --- Where can I order Intuit’s EMV-ready payments solutions? EMV readers are available for GoPayment and QuickBooks Point of Sale Desktop 12.0. Go here to purchase the EMV Ready PIN Pad for use with QuickBooks Point of Sale Desktop 12.0: https://blackrockbusiness.com/shop/quickbooks-pos-emv-pin-pad-msr/ --- Will I be liable for fraud losses related to the EMV liability shift? Starting August 15, 2016, if you process a counterfeit or stolen EMV chip card using a magnetic swipe card reader in Intuit GoPayment or QuickBooks Point of Sale, you may be responsible for any chargebacks and fees resulting from the fraud. We encourage you to get the new EMV card reader as soon as possible to reduce your EMV-related fraud losses when processing card-present transactions. --- Do I need to worry about EMV if I do not accept credit card payments in person? If you only key in credit card data instead of swiping cards, you are not affected by the EMV liability shift, but you should always be aware of the ways to prevent fraud when processing online or phone transactions. --- Where should I go if I have more questions? You may visit Intuit’s online support center for additional resources and detailed information, or call BlackRock at 888-282-8833 --- Are there any discounts on EMV readers for existing customers? If you are an existing Payments customer paying a $19.95 monthly fee, you can certainly give us a call and find out about the latest upgrade promotions.
Views: 7963 BlackRock POS
What did you think of this video? Tell us down in the comments. Sources: http://www.smartcardalliance.org/publications-contactless-payments-what-who-why/ http://gizmodo.com/the-gizmodo-guide-to-the-new-emv-chip-credit-card-payme-1734011799 http://www.emvco.com/download_agreement.aspx?id=4 https://en.wikipedia.org/wiki/EMV#Transaction_flow
Views: 37881 Matt's talks about
SWIFT has taken a modular, component-based approach to its real-time payments capabilities allowing functions to be combined and/or re-used. Components and features of SWIFT’s solutions include a low latency domestic messaging channel (DMC), a resilient and secure approach leveraging PKI encryption, a payment gateway (PAG) that manages pre-clearing/pre-settlement messaging between parties (banks and the domestic settlement providers) and provides an API for integration with overlay services, and an addressing database to link and maintain short-name aliases (e.g. phone numbers) with necessary bank account information. Effectiveness Criteria addressed: • U.1 Accessibility • U.2 Usability • U.3 Predictability • U.4 Contextual data capability • U.6 Applicability to multiple use cases • E.2 Capability to enable value added services • E.3 Implementation timeline • E.4 Payment format standards • E.5 Comprehensiveness • E.6 Scalability and adaptability • F.1 Fast approval • F.2 Fast clearing • F.3 Fast availability of funds to payee • F.4 Fast settlement among depository institutions and non-bank account providers • F.5 Prompt visibility of payment status • S.2 Payer authorization • S.3 Payment finality • S.7 Security controls • S.8 Resiliency • S.9 End-user data protection • S.11 Participation Requirements • L.2 Payment system rules
Views: 62166 FedPayments Improvement
Fox Money's Melissa Francis discusses the possibility of the United States implementing chip and pin technology for retail stores with John Sileo, cyber security expert. Full Story: http://www.sileo.com/chip-and-pin-technology/
Views: 951 Sileo Inc
EMV -- which stands for Europay, MasterCard and Visa -- is a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. In the wake of numerous large-scale data breaches and increasing rates of counterfeit card fraud, U.S. card issuers are migrating to this new technology to protect consumers and reduce the costs of fraud. Watch the video for an overview on how to use the new cards. Read more: http://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264.php#ixzz3nEqJFhti Follow us: @CreditCardsCom on Twitter | CreditCards.com on Facebook Compare credit cards here - CreditCards.com
Views: 1219 CFE Federal Credit Union
NFC stands for Near Field Communications and if your smartphone is NFC enabled then you're in for a world of convenience at your disposal. It makes pairing things a snap and will enable a host of other future possibilities for your phone. This wireless standard isn't used for much right now, but think of all the possibilities! Learn More/Where to Buy: Canada: http://www.ncix.ca/ US: http://www.ncixus.com/ Join the conversation on our community: Forums: http://forums.ncix.com/ Facebook: https://www.facebook.com/NCIXdotCOM Twitter: https://twitter.com/NCIXdotCOM Newsletter: http://www.ncix.ca/article.php?mode=newsletter Download our Mobile App: Android: http://tinyurl.com/blqeqaj iOS: http://tinyurl.com/a49ngav Windows: http://bit.ly/1guO0Pn
Views: 468216 NCIX Tech Tips
Formally known as the Federal Reserve Wire Network, Fedwire is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that enables financial institutions to electronically transfer funds between its more than 9,289 participants. In conjunction with Clearing House Interbank Payments System, operated by The Clearing House Payments Company, a private company, Fedwire is the primary U.S. network for large-value or time-critical domestic and international payments, and it is designed to be highly resilient and redundant. Note that in 2012 CHIPS was designated a systemically important financial market utility under Title VIII of the Dodd–Frank Act, which means it is subject to heightened regulatory scrutiny by the Federal Reserve Board. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 1943 Audiopedia
Square Reader: https://amzn.to/2WWq2ag Today we take a look at the Square Reader that works with Apple Pay, Android Pay, and Chip Cards. Email Us at: [email protected] Call Us at: 1-888-MY-ETHER Ext. 05235246 Donate at: https://www.GoFundMe.com/5149mproduction Where to Find Matt: Follow Me on Beme: https://beme.com/m8b9 Follow Me on Instagram: http://instagram.com/m8b9/ Follow Me on Twitter: https://twitter.com/matt8b9 Follow Me on Facebook: https://www.facebook.com/mattberger1989
Views: 6668 Creative
CBS This Morning had a great segment on the importance of EMV chips for security. If you need to make the switch, give us a call 408-295-8360 360 Payment Solutions, Inc. is one of the fastest-growing credit card payment processors in America. Based in the Bay Area with clients throughout the United States, the company is committed to providing the best technology for its merchant partners and clients. 360 Payments lives by the motto “Full Service. Full Disclosure. Full Circle.” In the past twelve months, the 360 Payments team has processed more than $1.4 billion in credit and debit sales, and has been ranked in the Inc. 5000 list of fastest-growing private companies for the past two years.
Views: 201 360 Payments
https://www.youtube.com/watch?v=gnx9T8GLJEs Buzzfeed tech reporter Charlie Warzel, shares his experience of a Venmo-enabled chip inserted into his hand, and the outlook for digital payments. All praises to Yahawah Bahasham Yahawashi Shalawam ahchyam Double Honors to the Apostles and Elders of GMS ( The Elect ) around the world teaching the word in sincerely and truth.
Views: 3287 GMSShieldOFaith
Hackers Congress is coming, vist us: http://www.hcpp.cz https://www.paralelnipolis.cz [email protected] Demonstration of Bitcoin payments in Paralelni Polis using NFC chip implant (xNT by Dangerous Things). Paralelni Polis is the first place in the world where cyborgs regularly pay with bitcoins using chip implants. If you like what we are doing and want to support transhumanism in Paralelni Polis, you can send bitcoin donations to: https://blockchain.info/address/1BHPGY7Rb9WaBBkYPKjZTnKYRzt5mC8NPM Ukázka Bitcoinových plateb v Paralelní Polis pomocí NFC čipového implantátu (xNT od Dangerous Things). Paralelní Polis je první místo na světě, kde kyborgové běžně platí v bitcoinech pomocí čipových implantátů. Pokud se Vám líbí, co děláme, a chcete podpořit transhumanismus v Paralelní Polis, můžete zaslat bitcoinový příspěvek na: https://blockchain.info/address/1BHPGY7Rb9WaBBkYPKjZTnKYRzt5mC8NPM
Views: 70028 Jan Hubík
How to set up and accept payments with the Square Contactless and Chip Reader. Chapter 1: Unboxing and Charging the Reader Chapter 2: Connecting the Reader via Bluetooth Chapter 3: Connecting the Reader to Square Stand Chapter 4: Accepting Chip Card Payments Chapter 5: Accepting Contactless Payments Learn more at https://square.com/setup
Views: 419085 Square
Please help support us on Patreon, help the #GreatAwakening spread to more humans, FASTER. Here is our NEW Patreon Page https://www.patreon.com/XtremeRealityCheck Frequencies, RFID and brain waves, my live stream video: https://www.youtube.com/watch?v=Y02RRd0R_Pw RFID chip, DNA changes, frequency genetic manipulation technology: https://www.youtube.com/watch?v=3VRGYVtl0tQ&t=71s ****************More links from this video******************* Walmart, future RFID chipping hubs: https://www.youtube.com/watch?v=4Cm4D1xLE9c Let's all get chipped, drunk and stupid - RFID nightclub: https://www.youtube.com/watch?v=CyzfVosXdu8 Wisconsin company chips 50 employees willing to sell their soul for a cool way to buy a candy bar: https://www.youtube.com/watch?v=8pE8ayQLYW8 Oprah Winfrey network and Dr. Oz promote the RFID chip mark of the beast: https://www.youtube.com/watch?v=5nkNewmMylc Prototype for microchip in public schools and students, targeting our children: https://www.youtube.com/watch?v=KF1AVorlNNw Bible verse, best system makes everyone take a mark in right hand in order to buy or sell: http://biblehub.com/revelation/13-17.htm Bible verse that those who take the mark in their right hand to buy and sell will be tormented with fire and the wrath of God: http://biblehub.com/revelation/14-9.htm You can google the pics of the bar code to see the 666, and it is NO coincidence that the system prints actual numbers under the other lines in the code.... but deceptively omit the 6's under the 3 sets of lines in the skeleton of the bar code, so nobody can see the 666 on every single item bought and sold. DO YOU WANT TO GET SAVED? Here is a prayer if you need help: http://www.xtremerealitycheck.com/getsaved.html
Views: 126714 XtremeRealityCheck
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 327640 The Dave Ramsey Show
Learn more about using your Square Reader and search our Support Centre at http://www.square.com/setup. Watch how to connect your Square contactless and chip reader to Square Stand. TRANSCRIPTION: Square Reader comes with a USB cable so you can connect it to Square Stand. Plug the cable into your reader and your Stand’s USB hub to accept payments, and keep your reader charged all day. Square Reader connects automatically and you’ll know when your reader is ready. You can also connect with a Dock for Square Reader. Place your reader into the dock with the USB port facing downwards. Then, set the clip in place to secure your reader. Take the dock’s USB cable and plug it into your Stand’s USB hub. The dock charges your reader, gives it a home on your counter, and positions your reader to accept contactless payments and chip cards. To learn more about setting up or taking payments with your reader, go to http://www.square.com/setup.
Views: 20322 Square
As the U.S. payments infrastructure migrates to EMV chip technology, regulations require that there must be a choice between at least two unaffiliated networks when routing point-of-sale transactions. The EMV Migration Forum video presentation, “Implementing EMV in the U.S.: How the U.S. Common Debit AIDs Facilitate Debit Transaction Routing and Ensure Durbin Compliance,” demystifies one of the least-understood aspects of chip implementations, the U.S. Common Debit AID.
Views: 3058 Smart Card Alliance
MELBOURNE, AUSTRALIA — A tech festival in Melbourne is shining the spotlight on microchips, implanting the 'injectables' into 10 volunteers who will personally test them out. According to The Guardian, the microchip is roughly the size of a grain of rice, and is capable of holding only one access code and limited information. The tiny device is typically injected in between the thumb and forefinger, using a needle as thick as those used in body piercings. Each microchip uses NFC or near-field communication to unlock a specific door, vehicle, or device. The volunteers' chips come preloaded with a 30-day VIP pass for Pause Fest, and will be programmed to unlock the door to their home, gym or work. Alternatively, it can also function as a public transportation pass. When the festival finally comes around in February 2018, the ten volunteers will join a panel and talk about whether they found the chip useful. Developers are already working on a model of microchips that can store multiple access codes, and even be able to handle payments. In due time, people will have no need for keys or wallets. But until that day comes, we'll just be here fumbling with our keychains. ------------------------------------------------------------- TomoNews is your best source for real news. We cover the funniest, craziest and most talked-about stories on the internet. Our tone is irreverent and unapologetic. If you’re laughing, we’re laughing. If you’re outraged, we’re outraged. We tell it like it is. And because we can animate stories, TomoNews brings you news like you’ve never seen before. Visit our official website for all the latest, uncensored videos: http://us.tomonews.com Check out our Android app: http://bit.ly/1rddhCj Check out our iOS app: http://bit.ly/1gO3z1f Get your TomoNews merch today! http://bit.ly/tomonews-teespring Get top stories delivered to your inbox everyday: http://bit.ly/tomo-newsletter Stay connected with us here: Facebook http://www.facebook.com/TomoNewsUS Twitter @tomonewsus http://www.twitter.com/TomoNewsUS Google+ http://plus.google.com/+TomoNewsUS/ Instagram @tomonewsus http://instagram.com/tomonewsus
Views: 19168 TomoNews US
Learn more about using your Square Reader and search our Support Centre at http://www.square.com/setup. Watch how to charge, connect and accept payments with your Square contactless and chip reader. Transcription: Here’s everything you need to know to get your Square Reader set up and running. Inside your box there’s a Square Reader for contactless and chip, charging cable, and a Square Reader for magstripe cards. The Square Reader for contactless and chip has a chip card slot, a power button, a port for the charging cable, and an NFC antenna built inside. The battery should last all day on a single charge with normal usage. To check the battery level, press the power button. Four green lights indicate your reader is fully charged and ready for payments. Three or two green lights indicate a partial charge and that it can take even more payments. And one red light means your reader needs a charge immediately. To charge it up, plug the cable into your reader and a computer, USB wall charger, car charger or USB battery pack. It should take two to three hours to get a full charge. Four green lights mean your reader is ready for business. Now let’s connect your reader to your device. You can connect Square Reader to your smartphone or tablet via Bluetooth LE. Make sure your device has the latest version of the Square app. You’ll need to do this before you can connect Square Reader. Next, go to your device’s settings and turn on Bluetooth. Now you’re ready to pair your device with your reader. Open the Square app. Go to the menu, Settings, Card Readers, and then Connect a Reader. Press and hold the power button on your reader for about three seconds. When the four orange lights start flashing, release the button. The Square app will automatically pair with the reader. Your reader may go to sleep to save power. If it does, press the power button once and the Square app will connect instantly. Square Reader comes with a USB cable so you can connect it to Square Stand. Plug the cable into your reader and your Stand’s USB hub to accept payments and keep your reader charged all day. Square Reader connects automatically and you’ll know when your reader is ready. You can also connect with a Dock for Square Reader. Place your reader into the dock with the USB port facing downwards. Then, set the clip in place to secure your reader. Take the dock’s USB cable and plug it into your Stand’s USB hub. The dock charges your reader, gives it a home on your counter, and positions your reader to accept contactless payments and chip cards. Now let’s start taking payments. You can accept contactless payments and chip cards with Square Reader for contactless and chip and swipe cards with the included magnetic-stripe reader. Make sure you position your reader so it’s within reach of both you and your customers. This lets you accept payments quickly and easily. Select an item from your library or enter a dollar amount for a new item. Then, tap Charge. Wait for one green light to appear on your reader. This means it’s ready to accept payment. To take a contactless payment under one hundred dollars, no PIN is required. Have your customers hold their contactless cards or devices near the reader. Four green lights will appear, and when you see the checkmark, you’re all set. For larger transactions, your customers will need to enter their PIN on your device. To take a chip card payment, tap Charge, wait for one green light to appear, then insert the chip card into the Square Reader chip-side facing up. Leave it there until you see the checkmark or four green lights appear on the reader. For certain transactions under $35 and any larger transactions, your customers will need to enter their PIN on your device. To swipe cards without a chip, just use your Square Stand’s built-in magstripe reader, or use Square Reader for magstripe cards with your device. To learn more about setting up or taking payments with your reader, go to square.com/setup.
Views: 16532 Square Australia
Chip and PIN is Broken Vulnerabilities in the EMV Protocol EMV is the dominant protocol used for smart card payments worldwide, with over 730 million cards in circulation. Known to bank customers as "Chip and PIN", it is used in Europe; it is being introduced in Canada; and there is pressure from banks to introduce it in the USA too. EMV secures credit and debit card transactions by authenticating both the card and the customer presenting it through a combination of cryptographic authentication codes, digital signatures, and the entry of a PIN. In this paper we describe and demonstrate a protocol flaw which allows criminals to use a genuine card to make a payment without knowing the card's PIN, and to remain undetected even when the merchant has an online connection to the banking network. The fraudster performs a man-in-the-middle attack to trick the terminal into believing the PIN verified correctly, while telling the issuing bank that no PIN was entered at all. The paper considers how the flaws arose, why they remained unknown despite EMV's wide deployment for the best part of a decade, and how they might be fixed. Because we have found and validated a practical attack against the core functionality of EMV, we conclude that the protocol is broken. This failure is significant in the field of protocol design, and also has important public policy implications, in light of growing reports of fraud on stolen EMV cards. Frequently, banks deny such fraud victims a refund, asserting that a card cannot be used without the correct PIN, and concluding that the customer must be grossly negligent or lying. Our attack can explain a number of these cases, and exposes the need for further research to bridge the gap between the theoretical and practical security of bank payment systems. Smart cards have gradually replaced magnetic strip cards for point-of-sale and ATM transactions in many countries. The leading system, EMV (named after Europay, MasterCard, and Visa), has been deployed throughout most of Europe, and is currently being rolled out in Canada. As of early 2008, there were over 730 million EMV compliant smart cards in circulation worldwide. In EMV, customers authorize a credit or debit card transaction by inserting their card and entering a PIN into a point-of-sale terminal; the PIN is typically verified by the smart card chip, which is in turn authenticated to the terminal by a digital certificate. The transaction details are also authenticated by a cryptographic message authentication code (MAC), using a symmetric key shared between the payment card and the bank that issued the card to the customer (the issuer). EMV was heavily promoted under the "Chip and PIN" brand during its national rollout in the UK. The technology was advertised as a solution to increasing card fraud: a chip to prevent card counterfeiting, and a PIN to prevent abuse of stolen cards. Since its introduction in the UK the fraud landscape has changed significantly: lost and stolen card fraud is down, and counterfeit card fraud experienced a two year lull. But no type of fraud has been eliminated, and the overall fraud levels have actually risen (see Figure 1). The likely explanation for this is that EMV has simply moved fraud, not eliminated it. One goal of EMV was to externalise the costs of dispute from the issuing bank, in that if a disputed transaction has been authorised by a manuscript signature, it would be charged to the merchant, while if it had been authorised by a PIN then it would be charged to the customer. The net effect is that the banking industry, which was responsible for the design of the system, carries less liability for the fraud. The industry describes this as a 'liability shift'. In the past few years, the UK media have reported numerous cases where cardholders' complaints have been rejected by their bank and by government-approved mediators such as the Financial Ombudsman Service, using stock excuses such as 'Your card was CHIP read and a PIN was used so you must have been negligent.' Interestingly, an increasing number of complaints from believable witnesses indicate that their EMV cards were fraudulently used shortly after being stolen, despite there having been no possibility that the thief could have learned the PIN. In this paper, we describe a potential explanation. We have demonstrated how criminals can use stolen "Chip and PIN" (EMV) smart cards without knowing the PIN. Since "verified by PIN" -- the essence of the system -- does not work, we declare the Chip and PIN system to be broken. Speaker: Steven J. Murdoch EventID: 4211 Event: 27th Chaos Communication Congress (27C3) by the Chaos Computer Club [CCC] Location: Berlin Congress Center [bcc]; Alexanderstr. 11; 10178 Berlin; Germany Language: english Start: 29.12.2010 20:30:00 +01:00 License: CC-by-nc-sa
Views: 12173 NuoViso
Here are cool new android tips and tricks which show how to use NFC tags and NFC in the best way possible. I hope these android mods and tweaks help you in simplifying your day to most. Enjoy! ------------------------------ Links to buy NFC Tags & Stuff + Apps You Need ------------------------------ # Amazon India Links * Tags I Used in Video (Set of 5): http://amzn.to/2uBA6JL & http://amzn.to/2tFcArg * Set of 8 Tags: http://amzn.to/2uy7mSQ * NFC Keychain (Set of 2): http://amzn.to/2u9gGv6 * High Memory NFC Tags (Set of 4): http://amzn.to/2tFdCn1 * NFC Business Card: http://amzn.to/2tFnPAc * Wallet I Used: http://amzn.to/2tpeKQu (Rs. 350) * OnePlus 3T: http://amzn.to/2tF7yLy # Amazon USA Links * Set of 9 Colorful Tags: http://amzn.to/2uysg41 & http://amzn.to/2tFJUhW * Set of 5 Samsung Tags: http://amzn.to/2vhft3B * 10 Tags with Labels & Keychain: http://amzn.to/2tFJurS * 10 Heavy duty Tags: http://amzn.to/2uyn7ZN * 10 Black & White Tags: http://amzn.to/2u7g7jX * NFC Business Card: http://amzn.to/2vhm1zn * OnePlus 3T: http://amzn.to/2tFjpsQ # Apps * AM Droid: https://play.google.com/store/apps/details?id=com.amdroidalarmclock.amdroid * NFC Tools: https://play.google.com/store/apps/details?id=com.wakdev.wdnfc * Insta Wifi: https://play.google.com/store/apps/details?id=net.jessechen.instawifi * Macro Droid: https://play.google.com/store/apps/details?id=com.arlosoft.macrodroid ------------------------------ I/O ------------------------------ * Email: [email protected] * Twitter: http://twitter.com/PixelGRID_io * Instagram: http://instagram.com/PixelGRID.io ------------------------------ Production Gear ------------------------------ * Video Gear (India): http://amzn.to/2vBZgsn * Setup Gear (India): http://amzn.to/2vaZ1SS * Video Gear (USA): http://amzn.to/2uwhk2Y * Setup Gear (USA): http://amzn.to/2v8PGfY * Amazon (India) Affiliate: http://amzn.to/2sV0J86 * Amazon (USA) Affiliate: http://amzn.to/2sV0Pwu ------------------------------ #Google #Android #Pixel
Views: 323727 PixelGRID
New credit cards containing secure computer chips are being rolled out in the U.S. These EMV cards are sometimes called chip-and-PIN cards, which is confusing because you probably won't actually use a PIN like they do in other countries. In our ongoing series of frequently asked questions about EMV cards, Randy Vanderhoof, the head of the Smart Card Alliance, explains that PINs get tricky with debit cards, which is why you'll probably be asked to sign for your transactions. "All PINs are not the same in payment cards," he says. "There are what we call online PINS, which is what has traditionally been associated with your ATM card or your debit card, where you can pick your own four-digit PIN number and it is validated online, meaning by the bank prior to completing the payment transaction. "What EMV brings is another type of PIN called offline PIN, where the PIN number is assigned and stored inside the chip and when the prompt asks you to enter in the PIN you are entering the matching PIN that is already stored inside the chip. "The concern for the industry is, this is going to be very confusing for consumers, particularly if they have two different PINS on one card -- one for when they select debit as the method of payment, or when they select credit as the method of payment on a debit card. And for that reason along with other reasons, financial institutions seem to be leaning towards not going with the added offline PIN, but rather using signature, which is the way consumers are normally used to using their cards in those retail settings."
Views: 35197 CreditCards.com
Learn more about using your Square Reader and search our Support Centre at http://www.square.com/setup. Watch how to connect your Square contactless and chip reader to your smartphone or tablet via Bluetooth LE. TRANSCRIPTION: You can connect Square Reader to your smartphone or tablet via Bluetooth LE. Make sure your device has the latest version of the Square app. You’ll need to do this before you can connect Square Reader. Next, go to your device’s settings and turn on Bluetooth. Now you’re ready to pair your device with your reader. Open the Square app. Go to the menu, Settings, Card Readers, Connect a Reader, and then Contactless and Chip Reader. Press and hold the power button on your reader for about three seconds. When the four orange lights start flashing, release the button. The Square app will automatically pair with the reader. Your reader may go to sleep to save power. If it does, press the power button once and the Square app will connect instantly. To learn more about setting up or taking payments with your reader, go to http://www.square.com/setup.
Views: 30996 Square
Speaker: Tim Becker With Visa and Mastercard pushing for EMV (http://www.emvco.com, aka "chip and pin") rollout in the United States, the uptake of contactless payment and the use of mobile NFC wallets, the chipcard security community will soon be getting more eyes to analyze the protocols in use with chip and contactless credit card transactions. This talk won't present any innovative attacks on the EMV system. Instead, we'll perform a single EMV transaction on stage, exploring every command. Along the way we'll discuss the plethora of standards and technologies surrounding EMV, elaborate the data structures used and try to put into perspective some of the better known attacks on the system. Afterwards you should have enough information to plug in your own card and start hacking. For more information visit: http://bit.ly/29C3_information To download the video visit: http://bit.ly/29C3_videos Playlist 28C3: http://bit.ly/29C3_playlist
Views: 3296 Christiaan008
In this video, RFID (Radio Frequency Identification) Technolgy has been explained. So, in this video, what is RFID, what is inside this RFID system, how RFID works, and application of RFID have been explained. What is RFID? RFID is technology which works on radio frequency and it is used for the auto-identification for the different object. The RFID system mainly consists of two parts. 1) RFID Reader or Interrogator 2) RFID Tags In this RFID system, this RFID reader continuously sends radio waves of a particular frequency. If the object, on which this RFID tag is attached is within the range of this radio waves then it sends the feedback back to this RFID reader. And based on this feedback, RFID reader identifies the object. RFID tags: Now, three different kinds of RFID tags are commercially available. 1) Passive tags 2) Active tags 3) Semi-passive tags These passive tags do not have any power supply. They used to get their power from the incoming radio waves from the Readers. While active tags have a power source for their internal circuitries. And for sending the response to the reader also, it uses its own power supply. In the case of semi-passive tags, they have a power supply for internal circuitries, but for sending the response it relies on the radio waves received from the Reader. Operating Frequency: This RFID system is mainly operated in three frequency bands. 1) LF: Low-Frequency band 2) HF: High-Frequency band 3) UHF: Ultra High-Frequency band The exact frequency of operation varies from country to country. Operating Principles: Most of the RFID systems operate on any of this two principles. 1) Load Modulation 2) Backscattered Modulations Applications of RFID: 1. Institutions: Library, Hospitals, Schools, and Colleges 2. Transportation and Logistics 3. Access Control 4. Sports 5. Animal Tracking Timestamps for the different topics in the video is given below: 0:40 What is RFID? 1:56 What is inside this RFID chip? 4:42 Operating Frequencies for the RFID Systems 5:27 Working Principle of RFID Systems This video will be helpful to everyone in understanding the concept of RFID Technology. Follow me on YouTube: https://www.youtube.com/allaboutelectronics Follow me on Facebook: https://www.facebook.com/ALLABOUTELECRONICS/ Follow me on Instagram: https://www.instagram.com/all_about.electronics/ Follow me on Twitter: @rushalmshah Music Credit: http://www.bensound.com/
Views: 496760 ALL ABOUT ELECTRONICS
Speaker 1: Welcome back in our fast and constantly connected world. It seems that everything is about convenience these days. Even paying for stuff and today on this Money Monday, we have Tony Rasmussen senior VP of payment and business services with Mountain America Credit Union today talking about some of these new different mobile payment systems. I’m fascinated by these. First we have Apple Pay that we are going to talk about because you see the billboards around town. You see the different places accepting them, but what exactly is Apple Pay and are people really buying into it? Tony: First of all Apple Pay represents right now a small but growing percentage of card transaction payments, but as you think about credit cards being around in the market for the past 50 years or so and really becoming ingrained into the lives of most people, let’s face it they are very convenient. It takes just a second to swipe the card. It is really not surprising that the first adopters of Apple Pay are confined to a smaller group of tech savvy customers who are really concerned or interested in the innovation of the technology. Speaker 1: We are seeing it here on the screen. You take your phone basically you have the app and it synced up through you said a card issuer, for instance a bank or a credit union and its simple as easy as tapping one of those screens at those little purchase point of sale machines. Is that basically right? Tony: Correct. More and more merchants are having what we call contactless terminals or near field communication. The Apple Pay actually in the iPhone 6 or in the Apple Watch, there is an antenna that actually transmits the card information securely to the card reader instead of swiping the card as we have become so accustomed to. Speaker 1: I just love how convenient that is although I’m nervous because then you start spending and spending and spending. They say when they came out with his innovation that this will really improve security and privacy. How does that work? Tony: Unlike a card today when you swipe your card, the card number your information, some other information is static or unchanging. That information is passed every time over the network to facilitate your payment transaction, but with Apple Pay instead of sending your card number out as you provision or put the card into the wallet, a substitute number is actually generated. That substitute number is unique to Apple Pay. It is unique to your phone and it requires your thumbprint or your fingerprint in order for it to be authorized. Speaker 1: It is essentially encrypted information. Tony: It is. Speaker 1: Rather that actually transferring your credit card number. Let’s talk a little bit about Google Wallet because this is sort of the big competitor to Apple Pay. Tell us about it. Tony: Google Wallet actually has been around for a number of years. It originally launched in 2011 in major markets like San Francisco and New York City. It is actually getting a reboot or relaunch soon and will be a very compelling competitor to Apple Pay. Speaker 1: Interesting. Finally today these are fascinating and I've seen these start to come out. In fact I just got one recently. These new debit or credit cards with the chips inside them that help make things more secure. Tony: Yes it is true. The chip cards or EMV as it’s often called, stands for Europay MasterCard and Visa, named after the collaborators that originally created it. Actually there's a little chip right on the card. It accesses a mini computer as a guard dog if you will for every transaction. While the number that is transferred with your payment is the same as it is on a traditional card today, there's also a unique one time security code that's generated with each and every transaction. These chip cards make it virtually impossible for counterfeit cards to be created. Speaker 1: That's fantastic news because when I initially got mine in the mail, I was worried “Oh did somebody get my card? What's going on?” but they are just rolling these new cards out that are more secure with that little chip right at the back. I appreciate you coming in Tony. Good to see. Where can we go for more information? Tony: As always, we’d love to have you visit us at MACU.com. Give us a call in our service center or visit one of our branches. Speaker 1: Certainly some great resources for sure on this Money Monday. Tony, appreciate it. We will see you next time. Coming up next …
Views: 5710 Mountain America Credit Union
Please Subscribe & Share! My Patreon site: https://www.patreon.com/evolutionaryenergyarts Buy the channel a coffee 😊 https://ko-fi.com/A1804H1T Distance Energy work available (Reiki, QiGong, Pranic Healing) Reiki Classes & Certification Available! On Please send me share your photos of unusual anomalies in sun, sky, paranormal, etc. to [email protected] Distance Energy work available (Reiki, QiGong, Pranic Healing) Reiki Classes & Certification Available! One on One Wellness, Fitness, and Spiritual Coaching Available! Email me at [email protected] for details and appointment. Check Out Some Great Deals On ESSENTIAL SUPPLIES At My Website https://www.evolutionaryenergyarts.com/amazon-product-links Thank you For Your Support! It is truly appreciated! https://www.usatoday.com/story/tech/2017/08/09/you-get-chipped-eventually/547336001/ https://www.scmp.com/news/world/europe/article/2145896/thousands-people-sweden-get-microchip-implants-new-way-life https://prepforthat.com/united-kingdom-microchip-implants/ https://www.usatoday.com/story/tech/nation-now/2017/07/24/wisconsin-company-install-rice-sized-microchips-employees/503867001/ https://www.cnbc.com/2017/08/11/three-square-market-ceo-explains-its-employee-microchip-implant.html https://www.technologyreview.com/s/611884/this-company-embeds-microchips-in-its-employees-and-they-love-it/ https://www.express.co.uk/comment/columnists/virginia-blackburn/1045840/privacy-future-Companies-start-microchipping-staff http://www.govtech.com/policy/Maryland-Lawmaker-Takes-Aim-at-Mandatory-Microchipping.html
Views: 5911 Evolutionary Energy Arts