Ready or not, it's credit card chip and dip time: What you need to know

October 1, 2015 4:51 AM

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Ready or not, it's credit card chip and dip time: What you need to know

Thursday marks a milestone in the effort to shift the U.S. to the use of microchip-embedded credit cards, a more secure alternative to traditional cards that require the swipe of a magnetic stripe.

But not to worry if your new chip-enabled card has yet to arrive in the mail. The October deadline is more a call to action for retailers than a cutoff, electronic payment experts say.

Also read: November Jobs Report: Everything You Need to Know

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