In the midst of the ongoing EMV transition comes news of skimming scams trying to catch unwary consumers, who swipe instead of dip, and new technology making POS devices more affordable.

Brian Krebs, author of the blog “Krebs on Security,” revealed that skimmers found at Walmart stores in Fredericksburg, Va., and Fort Wright, Ky., fit over existing EMV-enabled POS devices, and even include a slot for chip cards. The overlays sell for $200 to $300 on the dark web.

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

More from this author


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.