Debit card “Chip” Bank Mega Finish 5 Year Later

JAKARTA, Monday – Mega Bank will complete the migration with the chip card end of this year. While migration to a debit card, it is estimated will take about 5 years.

Bank Mega begin the migration to chip card since 2007. “To issue a new card, everything is using the chip technology, while for a replacement will be completed late this year,” said Director of Retail Banking of Bank Mega Kostaman Thayib, in Jakarta, Monday (9 / 2).

While migration to a debit card, according to Kostaman, which takes longer. The investment for the migration is considered a debit card more than credit card. “Price debit card using the chip can be 5-10 times more expensive than the usual magnetic. Yet again we have to change its ATM machines. So we hope the migration debit finished 5 more years,” he said.

Migration is a debit card will cost 2 U.S. dollars per card. For that, Kostaman confess, calculate the amount of investment has not been prepared for the migration Mega Bank debit card.