FlyerTalk Forums - View Single Post - USA EMV cards: Availability, Q&A (Chip & PIN -or- Chip & Signature) [2012-2015]
Old Aug 31, 2014 | 11:17 am
  #6592  
tmiw
FlyerTalk Evangelist
All eyes on you!
10 Years on Site
 
Join Date: Jan 2014
Location: San Diego, CA
Programs: GE, Marriott Platinum
Posts: 15,742
Originally Posted by alexmt
I don't think UNFCU will be the only chip-and-PIN card forever. I really don't. I bet Target launches as true chip-and-PIN and I bet Walmart and Sam's Club follow through with their promise to switch. American Express is likely to switch as well, they've publicly stated that they see chip-and-signature as a transition step. Barclay's seems likely to make the switch, too, given their travel focus and the fact they've been relatively open how their cards work - I bet they'll see the light.
USAA might switch back too once there's more EMV support in this country. There was a reason why they initially went PIN in the first place.

Originally Posted by JEFFJAGUAR
Finally and I'm only posing the question. Is this not one more example of American arrogance that if it's not done our way, it's the highway? In so many different ways, our country rejects things that other countries have adopted and athat would make ourselves conform more with the rest of the world (weights and measurers, coins instead of paper money for insignficant amounts like $1, gsm phone frequencies requiring different or at least more complicated mobile phones for use in the USA dare I say a single payer health care system, the 2nd amendment none of which I'm taking a position on but just pointing out. Now refusal to embrace a pin based credit card verification method. Is this what we mean by American exceptionalism which, as I said earlier, is drilled into our kids from tghe 1st grade on or is it American contempt for globalization? You can make up your own mind.
If you look at Visa's presentation, it actually has a list of countries split out by online PIN, offline PIN and signature. Surprisingly, the US is not the only country on the signature list. Visa's policy of requiring no CVM support on all unattended terminals, if enforced, would help cardholders in those countries too. Not to mention all of the online PIN countries that do not have offline PIN backup on their cards.
tmiw is offline