Questions tagged [chip-card]

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8
votes
4answers
3k views

Are the new “Smart” or “Chip” Credit Cards better from a security standpoint?

The new Chip credit cards are being introduced to provide better security to consumers, merchants and credit card vendors. Sample Card: (source: mastercard.com) Card Reader & PIN Entry: ...
25
votes
4answers
10k views

Isn't the security of credit cards with chip worse than with signature?

(I'd expect this question to be duplicate, but couldn't find any that matches the point) It seems to me that the security of credit card transactions got worse by the switch from signing to chip ...
98
votes
11answers
22k views

Why does the introduction of chip & pin appear to be so controversial in the United States?

The past few weeks there have been many news articles about the introduction of chip & pin in the United States; most of these articles are against it and citing such 'issues' as: "Some people ...