Originally Posted by
JEFFJAGUAR
(Of course buried within this thread are the conversations several have had with Cap One claiming emv is unnecessary because all mc/visa merchants are required to honor all valid mc's and visa's.
Obviously Capital One US and Capital One Global are on different wavelengths then. Capital One in Europe supply EMV cards with full Chip+PIN and contactless features. If EMV is unnecessary - why do they do it here?
http://www.capitalone.co.uk
That being said, most of the British banks don't do EMV cards in US (Barclays, HSBC etc) so it's obviously not a 'EMV is unnecessary' thing but a conscious decision by the banks in the US market - for some reason.
I suspect if you look up most US banks with European operations, you'll see they supply full Chip+PIN EMV cards.