Yes.

Fraud can involve stolen cards, mail interception, PIN compromise, shimming, or terminal issues.

Chip technology reduces some risks. It does not eliminate all of them.

👉 How It Happens: What “Chip Verified” Means

Michael F. Cardoza, Esq.
Michael F. Cardoza, Esq.
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U.S. Marine & Consumer Financial Protection Attorney helping victims of ID theft and Credit Reporting errors.