The way you pay with a credit card will start to change on October 1 - here's what you should know
Come October 1, 2015, things will start to change, due to the nationwide migration to EMV technology.
With EMV - which stands for Europay, MasterCard, and Visa - you'll start "dipping" your credit and debit cards into a terminal slot.
Rather than reading the magnetic stripe on the back of your card, payment processing systems will read a microchip on the front of your card, which aims to improve security and reduce fraud.
Here's what you should know as the October 1 deadline approaches:
This article was written by Business Insider without the involvement of Merrill Lynch.
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