Originally Posted by
tmiw
There's a 700+ page thread discussing it:
http://www.flyertalk.com/forum/credi...signature.html
In short, there's only one issuer offering "true" chip and PIN (and not simply cards that have a backup PIN for kiosks) that people can apply for right now. If you're fortunate to have Diner's Club, your card is chip and PIN as well. A few others briefly had it but switched to chip and signature.
Also, I was thinking some more about how common pay at the table via mobile app could end up being. Even though apps like OpenTable could add support for Apple Pay and Google Wallet, one app is likely not going to become dominant. I'm not sure people would be willing to have three or four different restaurant pay apps installed on their phones just to avoid having their cards taken away from them.
I dunno. Given our obsession with smartphones, and our cavalier attitude toward personal security and privacy, I wouldn't be surprised to see people accumulate a bunch of payment apps on their phones and keep them logged in all the time with no password or security feature activated on the phone.
Given our notorious resistance to change, which is overcome only by our love of uber-convenience, I do expect to see a proliferation of self-service table pay devices like the Ziosk used at Chilis. The current model uses mag stripe cards, but I'm sure that new models that accommodate chip and sig, or even chip and pin, are on the horizon.
Personally, I don't see why there any CC company would go with chip and sig in the US instead of chip and pin. It just doesn't make any sense to invent a new standard. Hell, most US-issued credit cards already have a pin, for use in making cash withdrawls at ATMs!