That is now the case for retail since October 2015. Any fraudulent transaction using the magstripe and the retailer is responsible for the loss. The rollout has

That is now the case for retail since October 2015. Any fraudulent transaction using the magstripe and the retailer is responsible for the loss. The rollout has been slow but I think the only major chain I use on a daily basis that hasn't got chip readers is Starbucks. This doesn't apply to gas stations until October 2017. Assuming that the card industry doesn't blink, the problem should solve itself fairly quickly given that margins on gas stations are razor thin so if they have to eat the fraud then they will be lining up to install the new readers.