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Credit card companies add chip to cards

Posted at 5:58 PM, Sep 30, 2015
and last updated 2015-09-30 17:58:18-04

The credit card industry's "self-imposed" deadline to have chip-enabled credit cards is Thursday, October 1.

But, it turns out millions of people and stores aren't ready for the switch.

Only five to 10 percent of businesses are ready, according to a new report from creditcards.com

We talked to an expert on The Now Detroit to discuss the switch.

WATCH THE VIDEO ABOVE