No Chip and PIN mandated at most checkouts and ATMs. It's much, much easier to print a fake credit card with a magstripe than a valid chip card. Also, American

No Chip and PIN mandated at most checkouts and ATMs. It's much, much easier to print a fake credit card with a magstripe than a valid chip card. Also, Americans are richer and have bigger credit lines so the cards are worth more on the black market.