FlyerTalk Forums - View Single Post - USA EMV cards: Availability, Q&A (Chip & PIN -or- Chip & Signature) [2012-2015]
Old Dec 1, 2015, 12:01 am
  #14940  
cbn42
Moderator: Manufactured Spending
 
Join Date: Jul 2011
Posts: 6,580
Originally Posted by tmiw
Apparently 2% of adults is a "significant" number of them now.
It's 7% of people who have an EMV card. Total revolving debt in the US is almost $1 trillion at any given time, so even a small percent of that is a huge amount of money, and a huge amount of processing fees at stake.

There are far more Americans who are irritated about how long their new chipped cards take to process than there are thankful that they can now easily make purchases in foreign countries.
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