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I'm amazed at how EMV chip technology which has been in use in my country for over a decade, with chip based transactions being the de-facto mode, became a "dis
by korginator 10y ago
I'm amazed at how EMV chip technology which has been in use in my country for over a decade, with chip based transactions being the de-facto mode, became a "disaster" in the US. Banks have started issuing chip-only cards, and several retailers don't use magstripe any more. ATM cards too are chip-based for several years.
This "disaster" in the US appears more like a case of poor education and training than a problem with chip cards themselves.
- erikpukinskis 10y agoFor me the biggest issue is the speed. I have to sit and wait for maybe 30 seconds while the transaction is processed. I believe the issue is that many vendors here have old card readers that are slow. It's not just a training issue.