How do Chip Cards Work?

EMV chip cards are touted as being safer than old-school magnetic stripe cards – but are they really? And how do they work, anyway? Squarespace link: Visit http://squarespace.com/techquickie and use offer code TECHQUICKIE to save 10% off your first order. Follow: http://twitter.com/linustech Join the community: http://linustechtips.com License for image used: https://creativecommons.org/licenses/by/2.0/legalcode source