How Secure Are Chip-Based Cards?

Chip-based cards having Wifi icon work on RFID or NFC technologies (but not on WiFi). It operates in the nearby local field. This is like our MiFi based access card, which is flashed against a reading device to record our attendance or grant us door access. The user of such a card walks near to the payment terminal (RFID or NFC reader) and flashes the card and a debit happens...Read more