A wallet is an important personal gear for every individual. This is where you keep your money, your identification cards, your credit cards, and even some photos of your loved ones. You also take it each time you get out of the house. Nowadays, though, there is another special wallet that is getting more and more attention from people. This is called an RFID Blocking Wallet.
What is RFID?
Radio Frequency Identification (RFID) is a new kind of electro magnetic technology that gives your cards the capability to make contact-less payments with an additional layer of security. The RFID chip stores all of the information that the owner might need in order to process a successful transaction, such as your name, the card number, and the expiration date of the card, among others. If your new card is RFID-enabled, you will see a wifi symbol that faces sideways. This card has a prominent rectangular chip that is embedded on the front part of the card. This chip is called the EVM or Europay Visa Mastercard.
Reasons to upgrade to a RFID blocking wallet
With the existence of RFID technology, you can put your card into a card reader and allow the machine to scan it in order to make a transaction. You can even do so without having the need to remove your card from your wallet, if your wallet is a regular one. In this case, criminals can set up a counterfeit card reader of their own, called a skimmer, and scan your card without your knowledge and permission. This allows them to get your information. Here are the top three reasons why you should upgrade your regular wallet to a RFID blocking one.
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Ryan Moalemi is an author at Noidentitytheft.com, a free public resource delivering expert Identity Force reviews of financial protection services, articles about online safety, comparisons of identity theft protection plans and more.