 TITLE: What Is an EMV Chip? CONTENT: Watch Out for EMV Chip Scams\n----------------------------\nWhile EMV chip cards have helped slash payment fraud, they haven't stopped crooks from committing card-related crimes. Today, thieves are targeting EMV cards through a scam known as \"card shimming.\"\nEmploying this technique, a scammer inserts a thin device called a shim into a card reader that accepts EMV cards. This device copies and stores data from your card. A scammer can't produce another chip card with this information—however, they can produce a magnetic strip card with the data stolen from the EMV card.\nTo avoid being victimized by an EMV chip scam, take advantage of mobile payment apps or contactless tap-and-go functions when you're making a transaction. END