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Thread: USA issuers announce EMV cards (Chip & PIN -or- Chip & Signature).
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Old Jan 4, 2012, 1:23 pm
  #520  
mia
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Originally Posted by kebosabi
If Citi is going ahead with issuing EMV cards to their existing card line up on a per-request basis for their existing cardholders, I can say that’s a pretty good indicator that it’s a response to Chase’s
Slightly different interpretation: when Citi announced the Executive AAdvantage World Elite MasterCard they mentioned Chip & PIN, but now they have backpedaled to Chip & Signature. I surmise they have encountered a technical obstacle, but seeing that Chase (and others) were issuing Chip & Signature they decided to begin distributing the cards. PIN verification can be added later.
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