How Do Chips Make Credit Cards More Secure?

The video explains the transition to credit cards with microchips, highlighting their enhanced security features compared to older magnetic stripe cards. It details how chip cards use encryption to generate unique cryptograms for each transaction, making it difficult for criminals to replicate card information. The video also discusses the verification process and the limitations of chip cards in online shopping, where static information is still used.

What information is necessary for the chip to generate secure numbers?

Why are chip cards not effective for online shopping?