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Visa And MasterCard Add Encryption For RFID Fears

As RFID chips rolled out in credit cards, steel wallet sales rose—a response to fears of data theft. This month, Visa and MasterCard add a layer of data encryption to the chips. But apparently, the freak-out has already faded.

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[Wallet: Manifeesto via Shutterstock]

A version of this article appeared in the April 2013 issue of Fast Company magazine.