The chip card transition in the US has been a disaster

By | August 1, 2016

Over the last year or so in the US, a lot of the plastic credit cards we carry around every day have been replaced by new one with chips embedded in them. The chips are supposed to make your credit and debit cards more secure—a good thing!—but there’s one little secret no one wants to admit: The US’


Interesting that bars lose the ability for running tabs with C&P cards. Also agreed on the banks opting for chip and signature being a fiasco.  Ostensibly to save the consumer from having to remember multiple pins (and defeat safety and use only one pin) but mostly it saves the banks a ton of money