In 2012 the US lost $5.3 billion dollars in credit card fraud largely attributed to the continued use of magnetic stripe credit/debit cards that most of the rest of the world has abandoned in favor of the more secure Europay-Mastercard-Visa (EMV) electronic chip equipped cards. The US is now converting to EMV technology, but most reports now suggests that most merchants and businesses will not be ready by the October 2015 deadline. But there are alternatives that are making some headways into the marketplace. But how secure is the move to these alternate payment methods such as EMV credit/debt cards and electronic payment methods such as Apple Pay and Google Wallet?