SAFEWAY UK TO ACCEPT CHIP CARDS FOR PAYMENT

HAYES, MIDDLESEX, U.K. -- In a move to reduce fraud, Safeway UK based here plans to become the first U.K. retailer to accept credit and debit cards embedded with microchips and validated via a personal identification number -- known here as "chip and PIN" -- throughout its 480-store chain.The move is part of a national movement in the U.K. away from magnetic stripe cards that are more susceptible

HAYES, MIDDLESEX, U.K. -- In a move to reduce fraud, Safeway UK based here plans to become the first U.K. retailer to accept credit and debit cards embedded with microchips and validated via a personal identification number -- known here as "chip and PIN" -- throughout its 480-store chain.

The move is part of a national movement in the U.K. away from magnetic stripe cards that are more susceptible to fraud. The Association for Payment Clearing Services and the British Retail Consortiu

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