![News @ Noon: New Chip Credit Card Rules Start Today](http://townsquare.media/site/67/files/2015/10/Chip-Credit-Card.jpg?w=980&q=75)
News @ Noon: New Chip Credit Card Rules Start Today
UNDATED - Starting today (Thursday) there's new rules for credit and debit card transactions in the United States. Any retailer or business without a reader for the new 'chip-embedded' cards will be liable for fraud committed on a transaction.
George Meinz is a lawyer at Gray Plant Mooty in St. Cloud. He says a lot of small businesses have chosen to not invest in the new credit card readers.
The cost of changing over to the new card reader is not cheap for a small merchant. So, at least at this point, it seems a lot of small merchants are deciding that they're just going to wait it out a bit and see what happens.
Meanwhile, card issuers that have not sent their customers a new chip-embedded card will be liable for counterfeit card fraud. Meinz says he expects that you'll be receiving your new credit and debit cards by the end of the year, if you haven't already.
In the meantime, your old cards will work in the new readers - and your new cards will work in old readers.
More From AM 1240 WJON
![Support And Unity: Sherburne County Leaders Condemn Violence In Political Disagreements](http://townsquare.media/site/67/files/2024/07/attachment-Trump-AssassinationAttempt-GettyImages.jpg?w=980&q=75)
![Man’s Body Found After Jumping From Veterans Bridge](http://townsquare.media/site/67/files/2021/04/70240401_954648994892156_1160412640535642112_n-2.jpg?w=980&q=75)
![Little Falls Man Hurt After Motorcycle Crash Friday](http://townsquare.media/site/67/files/2023/05/Mayo-Ambulance-2.jpg?w=980&q=75)
![See What Happens When The Sun Goes Down At Sleepover Safari](http://townsquare.media/site/67/files/2024/07/attachment-tiger.jpg?w=980&q=75)
![Two Hurt in Stearns County Crash Near St. Rosa](http://townsquare.media/site/67/files/2024/07/attachment-Crash-with-Injuries.jpg?w=980&q=75)
![Minnesota, 24 Other States Enter $82 Million Settlement with Abra and CEO Over Licensing Violations](http://townsquare.media/site/67/files/2024/07/attachment-rock-staar-NzIV4vOBA7s-unsplash.jpg?w=980&q=75)
![St. Ben’s, St. John’s Official Higher Ed Partners with MN United](http://townsquare.media/site/70/files/2019/11/soccer_ball_getty_Michael-Regan_Getty24.jpg?w=980&q=75)
![New Detour In Effect on Highway 23 Between Milaca and Bock](http://townsquare.media/site/67/files/2024/04/attachment-Hwy-23-Milaca-to-Ogilvie.jpg?w=980&q=75)
![80s Christian Pop Star Coming To Minnesota This Fall](http://townsquare.media/site/67/files/2024/07/attachment-GettyImages-621809252.jpg?w=980&q=75)