by Sandra Parsons
Radio Frequency Identification (RFID)-blocking technology is a multi-million-dollar industry. Consumers concerned about someone stealing their credit card info using RFID readers can buy wallets, purses, and even luggage with built-in RFID-blocking protection.
The problem is, they're probably wasting their money.
What is RFID?
To put it simply, RFID is a method for transmitting data across radio waves. A scanner then picks up and reads the data. RFID has had many uses over the years, including enabling contactless payment in some credit cards.
RFID-Blocking Technology
When RFID-enabled credit cards first came on the scene in the U.S., they transmitted credit card numbers and expi...
from MoneyTips https://www.moneytips.com/why-dropping-cash-on-rfid-blocking-tech-is-a-waste-of-money
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