EMV

Improved verification methods and EMV chip card technology, instead of the magnetic stripe, have made it harder for criminals to counterfeit debit and credit cards or get more than a few dollars from stolen cards, said Mr. Solomon, who has spent years investigating financial crimes for banks.

Demand for cards with EMV chips is high: By the end of 2021, 63 percent of U.S. cards carried the distinctive silver or gold squares, according to payment technology standards body EMVCo.

The EMV chip was the answer — you could just tap your credit, debit or prepaid card at check-out.

Though her company doesn’t use EMV chips, it has been experiencing supply chain delays on other materials used in its gift and loyalty cards.

Nowadays, 86 percent of in-person card transactions globally use EMV chips.