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My sense is the superiority of the mag-stripe is a reason why commerce in the USA exceeds the rest of the world. But I would agree that the move to EMV is a ste

by pbreit 11y ago

My sense is the superiority of the mag-stripe is a reason why commerce in the USA exceeds the rest of the world. But I would agree that the move to EMV is a step backwards.

untog 11y ago
My sense is the superiority of the mag-stripe is a reason why commerce in the USA exceeds the rest of the world I suspect it is more closely connected to population and GDP.
- pbreit 11y ago
  Well, per capita. And I would not discount frictionless payments.