Visa Says Fraud Warnings Are Unfounded
PERSONAL PRIVACYApril 13, 2012
Visa Canada says recent concerns raised by police about "electronic pick-pocketing" are unfounded, North Shore News reports. North Vancouver RCMP warned residents to protect their chip-embedded credit cards in a release earlier this month, warning that "By simply walking past you, a person with a card reader acquires your credit card number, expiration date and more." But Visa Canada says no such incident has ever been reported, and cards can't be read from a significant distance. Additionally, only the card number and expiration date could be captured, not an individual's personal information. "We just don't see it happening," said a spokesman.