How is a chip-enabled debit card more secure?

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How is a chip-enabled debit card more secure?

The chip adds another level of security to your Walmart MoneyCard transactions by requiring your chip-enabled card to produce a code that is used to validate the transaction. In other words, your transaction at a retail terminal prevents use of counterfeit cards. The chip itself makes the information on your card more difficult to steal – defending your account more prominently from fraudulent activity.

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Must be 18 or older to purchase a Walmart MoneyCard. Activation requires online access and identity verification (including SSN) to open an account. Mobile or email verification and mobile app are required to access all features

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