Originally Posted by
cbn42
I think it will greatly reduce them. Even today, most stores don't check ID for PIN-based debit purchases, even if they do for credit.
However, the US is moving toward chip-and-signature, and there is no indication that PIN is on the radar for credit cards.
There is indication that PIN is on the radar for US credit card issuers and payment processing companies, but they are fine for now just moving to chip cards.