Three Benefits of Contactless Cards - Money Tip Tuesday

<p>How often do you worry that your payment information might get compromised when you use a credit or debit card? </p> <p>If you want to keep your personal information more secure when you’re at the checkout, consider using the contactless payment features most debit and credit cards offer for a safer and more convenient payment experience.  </p> <p>Links: </p> <ul><li>Learn more about <a href='https://www.trianglecu.org/home/personal/cards/debit'>contactless debit cards</a></li> <li>Follow our <a href='https://www.facebook.com/pg/MakingMoneyPersonalPodcast/posts/?ref=page_internal'>Facebook</a>, <a href='https://www.instagram.com/makingmoneypersonal/'>Instagram</a> and <a href='https://twitter.com/TCUpodcastMMP'>Twitter</a> pages!</li> <li>Learn more about <a href='https://www.trianglecu.org/home/home'>Triangle Credit Union</a></li> </ul> <p>Transcript:</p> <p>Welcome to Money Tip Tuesday from the Making Money Personal podcast.  </p> <p>Contactless cards, also known as tap-to-pay, have become increasingly popular in the United States over the past 10 years but there are still people that may not be aware of what they are or how to use them.   </p> <p>Simply put—contactless payment or tap-to-pay refers to a form of payment using a debit card, credit card, or a payment enabled mobile phone or smartwatch that processes without needing to insert a chip or swipe a card.   </p> <p>This process uses radio frequency identification (RFID) technology in addition to near-field communication (NFC) for contactless payment transactions.   </p> <p>Here are a few of the top benefits of using a contactless card for payment.  </p> <p>The first benefit is that it’s more secure.  </p> <p> </p> <p>Contactless card payments are more secure than magnetic stripe card payments and just as secure as chip payments.  </p> <p>Each card has a contactless chip that creates a one-time code that changes with each transaction you make.   </p> <p>This one-time code accompanies your account number when you “tap” to pay.   </p> <p>Your other paym