We already have incentives in place in the US to stop using mag stripe. Shops accepting mag stripe payments are liable for counterfeit fraud. If you use EMV (c

We already have incentives in place in the US to stop using mag stripe. Shops accepting mag stripe payments are liable for counterfeit fraud. If you use EMV (chip cards), then card brands protect you (Visa, MasterCard, etc. You can Google it as "EMV liability shift" if you're interested in more details.