4 ms·
No it's not a sign of their incompetence. Planet Money recently did an episode on how much longer it takes chip and pin to work, and also why it took so long to
by vitd 10y ago
No it's not a sign of their incompetence. Planet Money recently did an episode on how much longer it takes chip and pin to work, and also why it took so long to come to the US:
http://www.npr.org/sections/money/2016/04/13/474135422/episode-695-put-a-chip-on-it http://www.npr.org/sections/money/2016/04/13/474135422/episo...
- germanier 10y agoI'm not sure there is no incompetence involved when the same process is much faster basically anywhere outside the US. That is a question not answered (not even asked) in that episode if I remember correctly. I don't mean the human factor (that will be resolved in some time) but the technology used.
- dboreham 10y agoChip card transactions do take a very long time in the US. If I had to guess as to the reason it would not be network or back end processing (seems way way too long, and too consistent to be due to those factors), but probably the time it takes the card to run crypto. Perhaps they use cheap cards with slow cpu but also big keys for fear of attack?