Credit cards with chips: Are the urban legends true?

Post on November 02, 2011


But it’s not only the merchants who are putting off wholesale adoption of the new cards. According to industry analysts at Corporate Insight, banks could be doing better at promoting the convenience of their new cards. However, leading national card issuers such as American Express, Chase, Citi, Discover and Wells Fargo have had EMV cards on the street for some time. As merchants get closer to their 2015 deadline, you can anticipate seeing a lot more education about how to “wave and pay” or “tap and go.”


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