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May 13, 2015

Chase cards convert to chip technology

NEW YORK (AP) — JPMorgan Chase & Co. says it expects to convert more than 70 percent of its Chase credit and debit cards to chip technology, which is seen as more secure, by the end of 2015.

The company said more than 80 percent of total Chase cardholders' spending will be on chip-enabled cards and it is also upgrading its ATMs to accept chip cards. The card has additional encryption technology through the chip, making it more difficult to steal information.


 
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