FlyerTalk Forums - View Single Post - Does anyone in US offer EMV (Chip & PIN)? [Practical discussion]

Jun 21, 2010 | 1:56 pm

#230

jmhayes

Join Date: Jul 2004

Location: KSFO

Programs: UA/Prem Exec, HH/Gold, TW/Gold

Posts: 308

Quote:

Originally Posted by mia

I would expect American Express to be first because they already have the technology and they have full control of their own transaction processing network, but it appears JP Morgan Chase may beat them:

http://www.paymentsnews.com/2009/10/...travelers.html

Unfortunately, that looks like a misunderstanding. The "International Dollar Card" is the oppsite: for non-US cardholders to do transactions in USD. Read this for the nugget:

Quote:

JPMorgan Chase has already taken a very small, tentative step toward EMV. Last year it announced plans to offer an EMV card for U.S. currency, but it is aimed at residents of other countries who want to conduct transactions in U.S. dollars.

However, the International Dollar Card is not available within the United States, and a JPMorgan Chase spokesman confirmed this week that the New York company has no plans to issue the International Dollar Card or any other EMV credit card in this country.