South Africa has had chip-and-pin cards for a very long time, but like many other countries the magstripe was kept for compatibility with US cards (I was told).

South Africa has had chip-and-pin cards for a very long time, but like many other countries the magstripe was kept for compatibility with US cards (I was told). I used to think this was common the world over. Not so? (I know the US recently went chip-and-pin.)