Visa plans to cut the wait for chip-card transactions

[Rorer_714]

WG is still around 4-5 seconds for me. CVS is slow motion. Toady at CVS the chip reader wasn't working. Had to insert the card three times and let it fail before it would let me swipe. There is a plus for MSers with the chip cards. Less FA's.

[unleashedfury]

I find the chip is getting quicker however I also carry more cash to avoid the 40 million chip reads for dunkin donuts, and small purchases. I like efficiency. Chances are I'm already late when getting my morning coffee. Don't want to burn those two extra minutes messing with waiting on a chip read

[Chris58]

 

IIRC First Tech and UNFCU are the only places in the US to get a true chip and PIN card.

 

 

Not exactly true.

 

Barclays, (a wholly owned subsidiary of Barclays UK issues true Chip and Pin cards to US consumers).

 

I've got 2, (Arrival+, and AA Aviator both have worked a treat at unattended kiosks in Europe and Asia).

 

The reason US banks haven't fully implemented the EMV standard is simple.

 

They were dragged "Kicking and Screaming" into this technology because they don't really care all that much about credit card fraud, (chocolate, they just pass the cost onto their customers).

 

"Chip and Signature" is just a way to pass these costs to merchants, (which will just increase the price of a gallon of milk to cover any potential losses).

 

Too funny for words.

[cv91915]

I just wanted to say kiosk again.

[pkrider7]

Ya the general technology approach in this country is ridiculously ancient. I was spoiled living in Japan. Granted, there are infrastructure design to be considered since US is so big but for something like card technology major companies could've came up with a single solution to boost NFC but noooooo. They all have to use their own including Square that think swiping is still a thing :\

[mendelssohn]

 

 

IIRC First Tech and UNFCU are the only places in the US to get a true chip and PIN card.

 

Not exactly true.

 

Barclays, (a wholly owned subsidiary of Barclays UK issues true Chip and Pin cards to US consumers).

 

I've got 2, (Arrival+, and AA Aviator both have worked a treat at unattended kiosks in Europe and Asia).

 

The reason US banks haven't fully implemented the EMV standard is simple.

 

They were dragged "Kicking and Screaming" into this technology because they don't really care all that much about credit card fraud, (chocolate, they just pass the cost onto their customers).

 

"Chip and Signature" is just a way to pass these costs to merchants, (which will just increase the price of a gallon of milk to cover any potential losses).

 

Too funny for words.

I don't think they function as offline chip and PIN though. Only First Tech and UNFCU.

 

This is the list from FT: https://docs.google.com/spreadsheets/d/1_TnruO1Kad7rjFEOESbHqs9DPV-SHlK5DpJyJG-W5Hk/edit#gid=0

 

Unless things have changed, the Arrival+ is:

CVM1: Chip-and-Signature

CVM2: Chip-and-PIN (online)

CVM3 & 4: Chip-and-PIN (offline)

CVM5: No CVM

Edited April 21, 2016 by mendelssohn

[Konrad2012]

All my Rite Aids had the updated software yesterday.

[Mariposa7]

All my Rite Aids had the updated software yesterday.

Good. About time. Maybe it's safe to go back now. Lol

 

 

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