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Approximately 62 percent of consumers indicated that they preferred chip cards that also require a PIN number rather than cards that only have a chip and require a signature.
On September 16, the National Retail Federation issued a press release announcing the results of a
recent survey showing that the majority of U.S. consumers believe
that new credit cards issued by banks do not adequately prevent
fraud. Approximately 62 percent of consumers indicated that they
preferred chip cards that also require a PIN number rather than
cards that only have a chip and require a signature.
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