Chip And Pin Credit Cards In Europe
Xinco posts an article about credit cards and travel troubles:
#NYT Practical Traveler: For Americans, Plastic Buys Less: U.S. credit cards lack a special chip, now commo.. http://bit.ly/1t5J2T
What’s going on? As the New York Times reports, American tourists are having occasional problems using their credit cards in Europe. Many European credit cards utilize “chip and pin” security technology, while most American credit cards still use magnetic stripes. As a result, a lot of European credit card readers don’t recognize American cards.
It’s an interesting addition to our coverage of credit card magnetic stripes, and yet another reason that consumers can expect credit card modernization in the near future. The Times story leads with “BETTER pack some cash on your next trip abroad.” That’s one sentence credit card companies don’t want to read.
Tags: american cards, american tourists, credit card companies, credit card readers, credit cards, magnetic stripes, new york times, occasional problems, pin security, security technology
[...] covered chip and PIN credit cards in Europe in the past. Basically, they are like an extra-secure version of American cards. Through cards [...]
Leave your response!