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Yeah, some US companies actually trialed NFC and Chip+PIN years ago on some of the higher end cards (my friend had one of these, but I can't for the life of me
by mynameisvlad 9y ago
Yeah, some US companies actually trialed NFC and Chip+PIN years ago on some of the higher end cards (my friend had one of these, but I can't for the life of me remember what card it was. I think it was issued by Wells Fargo or Chase) but reverted back to the "standard" Chip+Signature when all other banks were deciding on this platform.
I saw a clerk's mind blow when my parents used their Canadian cards to tap to pay. It's sad that it's such a stretch to see it happening because it shows how incredibly far off the US is in terms of payment technologies. I miss having NFC on all my cards. :(
- wingerlang 9y agoI had tap to pay in Australia as well. While it is convenient , it also seems like it would suck big time if someone else got their hands on the card.
- ehsankia 9y agoI believe there's a price limit on it, it's mostly for small transactions. Also, pre-chip cards only need a signature, which is easily faked. Most bank insure your card.