08-29-2018, 03:14 PM
Most card have chips and in my experience 99% of retailers use chip now. I think there was still a retail place that asked me two swipe the card a few months ago but honestly I don't remember which.
Anyway, this brings up the question: Is there any evidence that chipped cards are more secure than swiping? I still hear about people's credit cards being compromised. And many places do not ask you to sign below a certain amount.
In Europe they had pin much longer, and as far as I remember, even back in 2000 or so they asked me to enter a PIN when I tried to use the credit card. When I told them I do not have a pin and I could sing the receipt, they were confused. eventually a manager knew how to handle that type of transaction. I think they were used to DEBIT cards.
In my experience here in US the chip just slow down the transaction. Sometimes there is a chip read error and you have to re-insert the card. Even when it reads the chip fine the first time, for some unknown (to me) reason you have to leave the card inserted until the machine tell you to remove the card ( and sometimes it makes that annoying sound). I don't the chip made anything more secure/faster/easier. But I could be wrong.
Anyway, this brings up the question: Is there any evidence that chipped cards are more secure than swiping? I still hear about people's credit cards being compromised. And many places do not ask you to sign below a certain amount.
In Europe they had pin much longer, and as far as I remember, even back in 2000 or so they asked me to enter a PIN when I tried to use the credit card. When I told them I do not have a pin and I could sing the receipt, they were confused. eventually a manager knew how to handle that type of transaction. I think they were used to DEBIT cards.
In my experience here in US the chip just slow down the transaction. Sometimes there is a chip read error and you have to re-insert the card. Even when it reads the chip fine the first time, for some unknown (to me) reason you have to leave the card inserted until the machine tell you to remove the card ( and sometimes it makes that annoying sound). I don't the chip made anything more secure/faster/easier. But I could be wrong.