, Electrical Engineer, Aspiring entrepreneur, UCSD '14 livign in San Diego. I think it's around 4 million Yens per year, which translates to ~40,000 USD.
Definition of COLOR CHIP. : a small usually paper sample representing a color. ADVERTISEMENT. This word doesn't usually appear in our free dictionary, but the definition from our premium Unabridged Dictionary is offered here on a limited basis.
The chip alone does not make the card more secure. Using the card in a chip-enabled payment terminal adds an additional layer of security. Every time a chip card is used for payment at a chip-enabled terminal, the chip creates a unique single-use code to validate the transaction and the code cannot be used again. This process makes chip card information more difficult to steal, therefore making chip cards more difficult to counterfeit.