3 ms·
> It easily takes 2-3x the amount of time a swipe would take I don't know, unless the terminal has a bad connection it usually takes less time than writing a s
by seszett 10y ago
> It easily takes 2-3x the amount of time a swipe would take
I don't know, unless the terminal has a bad connection it usually takes less time than writing a signature, even in online mode.
> The chip readers are prone to malfunction, and I'm sure they will be cracked in due time.
The technology has been in wide use for decades in Europe. I'm pretty sure the existing chip readers aren't very prone to malfunction, unless for some reason the US is completely redeveloping everything from scratch.
Also, they haven't been cracked yet as far as I know.
- choko 10y agoFor what it's worth, most transactions don't require a signature. They only time I've had to sign when using my debit card is when the transaction is in the 100s (not sure of the exact amount).