CreditCards

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What would be happen if merchants in USA refused to get new chip credit card readers and still decided to use magstripe only credit card readers after Mastercard removes magnetic stripe?

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What would be happen if merchants in USA refused to get new chip credit card readers and still decided to use magstripe only credit card readers after Mastercard removes magnetic stripe?	1
Credit Card Fraud Cost Americans $1 Billion In 2023 As Identity Theft Cases Flare Up	1