Target Converts to Credit Cards with PINs for Security Reasons
Target has become the first major credit card issuer to convert to cards that contain a PIN.
The department store -- which also issues a Visa credit card that consumers can use anywhere that accepts credit cards -- began notifying credit card customers this week that new cards are coming. The new cards will be MasterCards and will contain computer chips as well as PINs. Target said: "We chose to partner with MasterCard for our new chip cards because they were able to provide a combination of advanced security and card benefits for our guests."