SF Fire Credit Union will be implementing chip technology into our credit cards beginning in May 2015. Our new credit cards will feature a microchip in addition to the magnetic stripe that is currently used by merchants when you perform transactions at terminals.
Chip cards will improve the security and global usability of your card, and we will begin issuing them to replace expiring cards starting in May. By the end of 2015, all SF Fire Credit Union Visa Credit Cards will be replaced with new chip-enabled cards.
Chip cards contain encrypted information that make it difficult for the card to be counterfeited. At merchants that use chip terminals, the card and terminal work together to add an additional layer of security to the transaction.