Originally Posted by
architect1337
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.
We know the reasons. That's what the last 350 pages of this thread have been about. And now to top it off, when the USA does go emv it will be the less secure chip and signature rather than the world standard chip and pin; still leaving the possibilities, despite what the banks are saying they can't do, of merchants saying we don't accept cards without pins and the whole question of the use of offline kiosks is still very much in doubt. And when you ask the banks, you're told chip and pin is unnecessary. Chip and signature works just as well and don't worry. Merchants are required to honor all valid cards! Almost embarassing.