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the us has had nfc and chip for years. we still support swiping too. your statement was true for a few short years when europe did chip first. which was much ea

the us has had nfc and chip for years. we still support swiping too. your statement was true for a few short years when europe did chip first. which was much easier there, since credit cards were not as common, and didn't exist since 1950 like in america. we don't use a pin, because that doesn't help with fraud. most fraud is either online, or someone at the store, who can easily skim or see your pin. online you can use 3dsecure, which has a pin. processing a transaction doesn't mean your money's gone. you can dispute any fraud charge for 2 months. so the pin doesn't do anything. and for bank accounts, where it's debit, and your cash is immediately taken out, we've had a pin since before europe had an atm card.

lmz 6y ago
Technically true, yet POS support for chip transactions is still a bit less widespread, no?
- xodice 6y ago
  In my small town I use only NFC via my watch, phone or tapping my card. If every place accepts NFC payments in this little town I would assume it's more widespread than you think. I think it's just not widely known about/common usage in the US even though the infrastructure seems to be widely there.
Symbiote 6y ago
The USA is still rolling out chip support, with a date of 1 October for the remaining holdouts to use it. The rest of the world reached that point around 15 years ago, including countries with high credit card use (UK, France) and high debit card use (Northern Europe).
- cdongrun 6y ago
  this is pain wrong. i lived in france for 4 years. debit cards are common, credit cards a lot less. no, a debit card with a visa logo is not a credit card -credit means you buy it on credit, and pay for it later. they also have their own system called blue. lots of people in both france and uk pay in cash as well. most people in america don't even carry cash. 15 years ago chip was not rolled out fully. 10 years ago it was not when I was living there. and a whole lot of places needed cash, period. debit cards, as I originally said, have always had a pin in america, so i'm not sure why you are comparing euro debit cards, to american credit cards.
danielscrubs 6y ago
In US, with over 270,000 reports, credit card fraud was the most common type of identity theft last year and more than doubled from 2017 to 2019.
- michannne 6y ago
  Credit card fraud, as in transaction fraud, usually online. It's a lot less common for your physical card to be the issue in a fraud situation, so improving security there is moot
- cdongrun 6y ago
  i like how you expanded physical card theft to general 'card fraud,' but didn't expand it to 'general' identity theft. in fact, why not expand it to just 'crime of any kind' and say a pin on your physical card will prevent your car from being stolen.

lmz 6y ago

Technically true, yet POS support for chip transactions is still a bit less widespread, no?

xodice 6y ago
In my small town I use only NFC via my watch, phone or tapping my card. If every place accepts NFC payments in this little town I would assume it's more widespread than you think. I think it's just not widely known about/common usage in the US even though the infrastructure seems to be widely there.

Symbiote 6y ago

The USA is still rolling out chip support, with a date of 1 October for the remaining holdouts to use it. The rest of the world reached that point around 15 years ago, including countries with high credit card use (UK, France) and high debit card use (Northern Europe).

cdongrun 6y ago
this is pain wrong. i lived in france for 4 years. debit cards are common, credit cards a lot less. no, a debit card with a visa logo is not a credit card -credit means you buy it on credit, and pay for it later. they also have their own system called blue. lots of people in both france and uk pay in cash as well. most people in america don't even carry cash. 15 years ago chip was not rolled out fully. 10 years ago it was not when I was living there. and a whole lot of places needed cash, period. debit cards, as I originally said, have always had a pin in america, so i'm not sure why you are comparing euro debit cards, to american credit cards.

danielscrubs 6y ago

In US, with over 270,000 reports, credit card fraud was the most common type of identity theft last year and more than doubled from 2017 to 2019.

michannne 6y ago
Credit card fraud, as in transaction fraud, usually online. It's a lot less common for your physical card to be the issue in a fraud situation, so improving security there is moot
cdongrun 6y ago
i like how you expanded physical card theft to general 'card fraud,' but didn't expand it to 'general' identity theft. in fact, why not expand it to just 'crime of any kind' and say a pin on your physical card will prevent your car from being stolen.