Privacy with Credit Cards
Advertising Disclosure is an independent, advertising-supported web site. receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Research » Guides » Cardholder Benefits » Privacy with Credit Cards

Privacy with Credit Cards

Updated: December 25, 2012

Add to Favorites:
Privacy with Credit Cards

We are so much concerned about privacy and security issues that we are desperate to do anything to avoid being ID victims. However, most of us do not mind carrying Radio Frequency Identification tags embedded in our passports, credit cards and even clothes. On the contrary, FRID chips go a long way among US consumers and enjoy financial support from credit card and other financial companies, as well as from automotive and security industries.

Meanwhile, a growing number of financial and security experts are expressing concerns about the real protecting efficiency of RFID chips. What are the chips intended for in credit cards and are they really that necessary to be embedded in our cloths or passports?

Most of cardholders do not deny the evident convenience and ID security they enjoy using credit cards with RFID . Credit cards with RFID chips are produced on the no-swipe basis and ensure the security of personal and financial information of the customer during the transaction.

It is simple. You do not have to give your plastic to the cashier, protecting it from unauthorized readout and theft of your name, account number or expiration date.

Earlier, the only way to allow a customer to charge with a credit card was through scanning the card's information with store readers, bank computers and ATMs. The latter have recently become too easily exposed to criminals' ideas about how to steal your credit card information for fraudulent activity and ID theft.

RFID chips have brought around a smart solution to security issues concerning card usage.

However, these silicon chips found their application in car keys, prescription bottles and even our clothes.

What is there role? Whom do they help and whose interests do they protect? The RFID technology helps identify company employees, track shipments of goods through stores, speed up retail transactions and find pirated merchandise.

In other words, RFID technology allows authorities to put a US citizen under control, watching where you go and what you do any time of the day and night. Let alone full access to your personal information.

Strange enough, but while no swipe credit cards do make a difference as to how you pay for a purchase, chips contained in other everyday items seem to be not only useless for a customer but also privacy threatening.

Why wear a shirt transmitting signals that are easily exposed to criminals armed with special readers trying to steal your identity? It has also become dangerous to carry your passport about as it is an excellent source of easy-to-read personal and financial information.

The concerns sprang the development of a new area in the security industry - companies producing passport sleeves, metal-covered wallets and other devices protecting your credit cards, keys, passports and other RFID-enabled items.

The technology is still, however, to beg a big question. How will consumers wearing RFID tags in their shirts or shoes be protected? Else, there is a guessing that RFDI tags will be implanted under a person's skin one day, making the person utterly defenseless in the face of ID theft threat.

What role will chips in you skin play? While they do not seem to shield you from ID theft, they do seem to be the Government's perfect tool to watch and control citizens for the national safety purposes.

Isn't there a small contradiction? Even if there is, consumers who have been offered to have RFID chips implanted showed willingness and readiness to go through the procedure. Why not, they say, if the chips help Government in the fight against terrorism?

Praiseworthy, but a little bit too naive. RFID technology used in credit card industry is really justified and should not perhaps go beyond it.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Cardholder Benefits Research:

Related Research:

How to Get Free Wi-Fi in the Air

By Herbert Moore, Posted: September 28, 2016

Sometimes in-flight Wi-Fi is the bare necessity when you travel abroad or within the country. However not all airlines offer free in-flight Wi-Fi. There is only a couple of airlines that will allow you to use Wi-Fi ... Continue reading

Amazon Credit Cards Review

By Allison Martin, Posted: May 30, 2016

When was launched 20 years ago, few could have envisioned how far the company would come. What was once an online specialty bookstore is now an Internet juggernaut that sells nearly anything and has made major inroads into ... Continue reading

How Much Do Shell Cards Really Save on Gas?

By Allison Martin, Posted: April 20, 2016

There is an endless amount of gas cards on the market, and practically every major gas station, including Shell, has options to choose from. In fact, Shell offers two options for gas cards for consumers. Continue reading