JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-SEPTEMBER 30,2015-12:00AM
DOW MARKET WEDNESDAY-SEPT 30,2015
09:30AM-115.43
10:00AM-200.70
10:30AM-230.20
11:00AM-227.06
11:30AM-214.79
12:00PM-180.70
12:30PM-140.50
01:00PM-82.34
01:30PM-142.91
02:00PM-150.50
02:30PM-177.45
03:00PM-169.66
03:30PM-187.04
04:00PM-235.57 + 16,284.70
HIGH +249 LOW +08
TSX +270.00 13,306.96 - GOLD -$12.40 $1,114.40 - OIL $0.06 $45.17
U.S. stocks end with worst quarterly losses in 4 years-market watch-Published: Sept 30, 2015 4:05 p.m. ET By Anora Mahmudova-Reporter
U.S. stocks rallied into the close Wednesday, driven by gains in consumer discretionary, materials and health-care sectors, but the main indexes still ended the month and a quarter with deep losses. The main indexes recorded the steepest quarterly losses in four years. The S&P 500 SPX, +1.91% closed 35.91 points, or 1.9%, higher at 1,920.00. The benchmark index booked a 2.7% monthly loss and was down 7% over the quarter. The Dow Jones Industrial Average DJIA, +1.47% jumped 235.57 points, or 1.5%, to 16,284.70. The blue-chip index ended the month 1.5% lower and booked a 7.6% quarterly loss. The Dow ended lower for a third straight quarter. The Nasdaq Composite COMP, +2.28% gained 102.84 points, or 2.3%, to 4,620, its biggest one-day gain in three weeks. The tech-heavy index lost 3.3% over the month and 7.4% over the past quarter.
New chip credit cards - what consumers need to know-Susan Tompor, USA TODAY 11:57 a.m. PDT September 28, 2015
Techies are calling the upcoming shift in how we will use our credit cards at the store something like "dip the chip."It's not a bad way of explaining things. Instead of swiping our plastic, we'll be able to slide or dip our chip-equipped credit cards at chip-enabled terminals at the register. You might see the new way of doing things as soon as the next time you shop at Target or another big retailer.A unique one-time code is generated every time a card with a chip is used, and a one-time code is hard for crooks to duplicate to make fake credit cards, according to card experts.Chips aren't entirely new. They've long been used in Canada and all across Europe. But the U.S. has been stuck in the swipe-and-sign mode for years. Beginning in October, though, some rules will change for merchants that will drive a shift into chip technology.A week or so ago, my credit card issuer sent me a notice saying that I should be receiving a new EMV Chip Technology card for my MasterCard by October. Other consumers already have chip cards in hand.Bank of America, for example, has been adding chip technology to its consumer credit cards since mid-2012 and started adding chips to debit cards last October. Bank of America said the vast majority of its debit card and credit card customers are expected to have cards with the microchip by the end of the year.Chase said it plans to convert more than 70% of its credit card and debit cards to chip technology by year's end. The bank is also upgrading its ATMs to accept chip cards.Some big-name retailers are rolling out new systems, as well. Target just finished setting up all of its stores to accept chip cards at its registers. Walmart and Sam's Club stores began accepting chip-embedded credit cards last November. 1. Will the magnetic stripe on the back go away? No.While major retailers are moving toward the chip terminals, many experts say smaller retailers are less likely to upgrade for some time.Doug Johnson, senior vice president of payments and cybersecurity policy for the American Bankers Association, said less than half of merchants with point-of-sale devices in the store are expected to have chip-enabled systems in place by year's end.While some merchants say the costs are too high, Johnson and others noted that options are available at fairly low costs, such as $30 or $40, to handle chip technology for those who use computer tablet devices at the register. The chip-and-sign devices, he said, are less costly than if we moved to a chip-and-PIN system. People will still sign for their purchases, typically, and not use a PIN with the chip credit cards.It's still going to take time to get the chip cards into the hands of consumers, too.Stephanie Ericksen, vice president of Risk Products at Visa, said nearly 127 million — or about 18% — of all Visa cards at the end of July were chip-enabled cards. Those numbers will grow as we move into the holiday shopping season. Some banks are reissuing chip cards as credit cards reach expiration dates; others are rolling out cards in batches.The industry expects that about 63% of credit and debit cards should contain EMV chips by the end of 2015. That's expected to increase to 98% by the end of 2017, according to the Payments Security Task Force, which was formed in early 2014 and includes groups in the electronic payments industry, including banks, retailers and others. 2. What happens if I don't get a new chip card soon? "Nothing really," said Gerri Detweiler, at Credit.com.If you don't get a new chip card by this fall, she said, you will still be able to use your current card. Remember, the consumer's liability for fraudulent purchases does not change. You'd still have the same protections.The chip technology focuses on in-store purchases and cutting down on fraud involving fake cards. It does not address online purchases, but other technology down the line would offer more secure online purchases. What do you need to know about those chips? Here are five questions with answers. 3. How do I know if I have a chip card? Look at the front of your card on the left-hand side. Do you see small metallic gold- or silver-looking rectangle, possibly above the first four digits of your card number? That's the chip. The chip only provides extra security with a chip-enabled device. If you swipe, the extra level of security is not present. 4. What kind of mishaps can happen with the new chip cards? Consumers have to learn a new payment process but it's not really rocket science."It's a quick transaction," said Randy Hargrove, a spokesman for Walmart in Bentonville, Ark. "Once you do it the first time, it's certainly an easy transaction." Consumers just need to get used to doing things slightly differently at the store. Some stores once allowed you to swipe your card long before the clerk rang up the entire cart. The chip system is different. You need to wait to insert the card in the reader until all your items are rung up. The reason? The transaction itself is part of the coding process."You have to wait until everything has been totaled up," said Michael Moesser, director of payments practices for at Javelin Strategy & Research.You also have to wait a while for the process. Some clerks have had to tell customers to keep the card in the reader until they hear a beep or get another signal. Some shoppers think you can put the chip card in and pull it out of the reader quickly, and that's not the case.You must leave that card in the reader until prompted to take it out. You're going to sign for the purchase, if a signature is required, while the card is in the reader, too.Moesser is concerned that some consumers might forget to take the card out, particularly if they're in a hurry.But again, terminals give off a beep or might flash to let you know the transaction has been authorized and to remember to take the card.Also, the chip isn't going to help right now with online sales.“The EMV chip technology is intended to combat card-present fraud in stores, specifically counterfeit cards," Moesser said."Unfortunately, the chip technology does not apply to online purchases, where the physical card is not used in the transaction. Card issuers and banks are working with merchants to promote widespread adoption of existing security features, as well as develop new ones to combat online credit card fraud,” Moesser said.Another possible point of confusion: Right now, some terminals at stores look like they can accept a chip but do not have chip functionality yet. Some of those systems will be turned on later.Various banks, including Bank of America, are sending out step-by-step instructions with the card or listing tips online. Target has listed some chip tips for shoppers in a blog.The Payments Security Task Force and the EMV Migration Forum are working to provide education on the chip model. Their website, GoChipCard.com, has information on the chips for consumers, issuers and merchants.5. What is this October deadline that I'm hearing about the news? Beginning Oct. 1, merchants that have not updated point-of-sale devices to recognize chips will be held liable if there is fraud at the register in the store if the bank has issued cards with chips. Whoever has the older technology is liable for fraud. If both the bank and the retailer have updated their technology, the liability falls back to the bank.Right now, the bank assumes that liability.While, as a consumer, your credit and debit cards will change as a result of the inclusion of the chip, you will still not be liable for any transactions you did not authorize on your cards.Contact Susan Tompor: 313-222-8876, stompor@freepress.com or on Twitter @tompor
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
STOCK MARKET NEWS
http://israndjer.blogspot.ca/2015/09/dow-was-droppin-331-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/the-dow-was-up-113-points-friday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-79-points-yesterday3-day.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-51-points-yesterday-no.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-180-points-yesterdayday-2.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-126-points-yesterdaytoday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-289-points-friday-see-how.html
http://israndjer.blogspot.ca/2015/09/after-fed-says-zero-interest-rate-dow.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-140-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/stocks-in-america-up-228-points.html
http://israndjer.blogspot.ca/2015/09/no-shemitah-day-1-stock-crash-stocks.html
http://israndjer.blogspot.ca/2015/09/the-shemitahs-here-how-will-world.html
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-SEPTEMBER 30,2015-12:00AM
DOW MARKET WEDNESDAY-SEPT 30,2015
09:30AM-115.43
10:00AM-200.70
10:30AM-230.20
11:00AM-227.06
11:30AM-214.79
12:00PM-180.70
12:30PM-140.50
01:00PM-82.34
01:30PM-142.91
02:00PM-150.50
02:30PM-177.45
03:00PM-169.66
03:30PM-187.04
04:00PM-235.57 + 16,284.70
HIGH +249 LOW +08
TSX +270.00 13,306.96 - GOLD -$12.40 $1,114.40 - OIL $0.06 $45.17
U.S. stocks end with worst quarterly losses in 4 years-market watch-Published: Sept 30, 2015 4:05 p.m. ET By Anora Mahmudova-Reporter
U.S. stocks rallied into the close Wednesday, driven by gains in consumer discretionary, materials and health-care sectors, but the main indexes still ended the month and a quarter with deep losses. The main indexes recorded the steepest quarterly losses in four years. The S&P 500 SPX, +1.91% closed 35.91 points, or 1.9%, higher at 1,920.00. The benchmark index booked a 2.7% monthly loss and was down 7% over the quarter. The Dow Jones Industrial Average DJIA, +1.47% jumped 235.57 points, or 1.5%, to 16,284.70. The blue-chip index ended the month 1.5% lower and booked a 7.6% quarterly loss. The Dow ended lower for a third straight quarter. The Nasdaq Composite COMP, +2.28% gained 102.84 points, or 2.3%, to 4,620, its biggest one-day gain in three weeks. The tech-heavy index lost 3.3% over the month and 7.4% over the past quarter.
New chip credit cards - what consumers need to know-Susan Tompor, USA TODAY 11:57 a.m. PDT September 28, 2015
Techies are calling the upcoming shift in how we will use our credit cards at the store something like "dip the chip."It's not a bad way of explaining things. Instead of swiping our plastic, we'll be able to slide or dip our chip-equipped credit cards at chip-enabled terminals at the register. You might see the new way of doing things as soon as the next time you shop at Target or another big retailer.A unique one-time code is generated every time a card with a chip is used, and a one-time code is hard for crooks to duplicate to make fake credit cards, according to card experts.Chips aren't entirely new. They've long been used in Canada and all across Europe. But the U.S. has been stuck in the swipe-and-sign mode for years. Beginning in October, though, some rules will change for merchants that will drive a shift into chip technology.A week or so ago, my credit card issuer sent me a notice saying that I should be receiving a new EMV Chip Technology card for my MasterCard by October. Other consumers already have chip cards in hand.Bank of America, for example, has been adding chip technology to its consumer credit cards since mid-2012 and started adding chips to debit cards last October. Bank of America said the vast majority of its debit card and credit card customers are expected to have cards with the microchip by the end of the year.Chase said it plans to convert more than 70% of its credit card and debit cards to chip technology by year's end. The bank is also upgrading its ATMs to accept chip cards.Some big-name retailers are rolling out new systems, as well. Target just finished setting up all of its stores to accept chip cards at its registers. Walmart and Sam's Club stores began accepting chip-embedded credit cards last November. 1. Will the magnetic stripe on the back go away? No.While major retailers are moving toward the chip terminals, many experts say smaller retailers are less likely to upgrade for some time.Doug Johnson, senior vice president of payments and cybersecurity policy for the American Bankers Association, said less than half of merchants with point-of-sale devices in the store are expected to have chip-enabled systems in place by year's end.While some merchants say the costs are too high, Johnson and others noted that options are available at fairly low costs, such as $30 or $40, to handle chip technology for those who use computer tablet devices at the register. The chip-and-sign devices, he said, are less costly than if we moved to a chip-and-PIN system. People will still sign for their purchases, typically, and not use a PIN with the chip credit cards.It's still going to take time to get the chip cards into the hands of consumers, too.Stephanie Ericksen, vice president of Risk Products at Visa, said nearly 127 million — or about 18% — of all Visa cards at the end of July were chip-enabled cards. Those numbers will grow as we move into the holiday shopping season. Some banks are reissuing chip cards as credit cards reach expiration dates; others are rolling out cards in batches.The industry expects that about 63% of credit and debit cards should contain EMV chips by the end of 2015. That's expected to increase to 98% by the end of 2017, according to the Payments Security Task Force, which was formed in early 2014 and includes groups in the electronic payments industry, including banks, retailers and others. 2. What happens if I don't get a new chip card soon? "Nothing really," said Gerri Detweiler, at Credit.com.If you don't get a new chip card by this fall, she said, you will still be able to use your current card. Remember, the consumer's liability for fraudulent purchases does not change. You'd still have the same protections.The chip technology focuses on in-store purchases and cutting down on fraud involving fake cards. It does not address online purchases, but other technology down the line would offer more secure online purchases. What do you need to know about those chips? Here are five questions with answers. 3. How do I know if I have a chip card? Look at the front of your card on the left-hand side. Do you see small metallic gold- or silver-looking rectangle, possibly above the first four digits of your card number? That's the chip. The chip only provides extra security with a chip-enabled device. If you swipe, the extra level of security is not present. 4. What kind of mishaps can happen with the new chip cards? Consumers have to learn a new payment process but it's not really rocket science."It's a quick transaction," said Randy Hargrove, a spokesman for Walmart in Bentonville, Ark. "Once you do it the first time, it's certainly an easy transaction." Consumers just need to get used to doing things slightly differently at the store. Some stores once allowed you to swipe your card long before the clerk rang up the entire cart. The chip system is different. You need to wait to insert the card in the reader until all your items are rung up. The reason? The transaction itself is part of the coding process."You have to wait until everything has been totaled up," said Michael Moesser, director of payments practices for at Javelin Strategy & Research.You also have to wait a while for the process. Some clerks have had to tell customers to keep the card in the reader until they hear a beep or get another signal. Some shoppers think you can put the chip card in and pull it out of the reader quickly, and that's not the case.You must leave that card in the reader until prompted to take it out. You're going to sign for the purchase, if a signature is required, while the card is in the reader, too.Moesser is concerned that some consumers might forget to take the card out, particularly if they're in a hurry.But again, terminals give off a beep or might flash to let you know the transaction has been authorized and to remember to take the card.Also, the chip isn't going to help right now with online sales.“The EMV chip technology is intended to combat card-present fraud in stores, specifically counterfeit cards," Moesser said."Unfortunately, the chip technology does not apply to online purchases, where the physical card is not used in the transaction. Card issuers and banks are working with merchants to promote widespread adoption of existing security features, as well as develop new ones to combat online credit card fraud,” Moesser said.Another possible point of confusion: Right now, some terminals at stores look like they can accept a chip but do not have chip functionality yet. Some of those systems will be turned on later.Various banks, including Bank of America, are sending out step-by-step instructions with the card or listing tips online. Target has listed some chip tips for shoppers in a blog.The Payments Security Task Force and the EMV Migration Forum are working to provide education on the chip model. Their website, GoChipCard.com, has information on the chips for consumers, issuers and merchants.5. What is this October deadline that I'm hearing about the news? Beginning Oct. 1, merchants that have not updated point-of-sale devices to recognize chips will be held liable if there is fraud at the register in the store if the bank has issued cards with chips. Whoever has the older technology is liable for fraud. If both the bank and the retailer have updated their technology, the liability falls back to the bank.Right now, the bank assumes that liability.While, as a consumer, your credit and debit cards will change as a result of the inclusion of the chip, you will still not be liable for any transactions you did not authorize on your cards.Contact Susan Tompor: 313-222-8876, stompor@freepress.com or on Twitter @tompor
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
STOCK MARKET NEWS
http://israndjer.blogspot.ca/2015/09/dow-was-droppin-331-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/the-dow-was-up-113-points-friday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-79-points-yesterday3-day.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-51-points-yesterday-no.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-180-points-yesterdayday-2.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-126-points-yesterdaytoday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-289-points-friday-see-how.html
http://israndjer.blogspot.ca/2015/09/after-fed-says-zero-interest-rate-dow.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-140-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/stocks-in-america-up-228-points.html
http://israndjer.blogspot.ca/2015/09/no-shemitah-day-1-stock-crash-stocks.html
http://israndjer.blogspot.ca/2015/09/the-shemitahs-here-how-will-world.html
