Many credit cards include RFID chips. The chips use radio-frequency identification to transmit payment information over short distances. Credit card companies use RFID to enable "contactless-payments" ...

RFID credit cards are embedded with a tag that enables contactless payments, one of the safest ways to pay. If you have an EZ Pass in your car or a microchip in your pet, or if you’ve used a hotel ...

Despite demonstrations to show it's possible, documented cases of RFID credit card fraud are unknown. And as security professionals know, there is a huge gulf between potential crime and actual crime.

Finances FYI is a weekly series providing straightforward finance tips and best practices to help improve financial literacy. Technological advancements have made financial transactions quicker and ...