re: Credit Card Chip system. Or not?

quote:

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So about a year ago, everyone had to change credit cards and debit cards to get the new cards with the "Chip Technology" on them. A lot of talk and BS

A year later and I rarely purchase something at a place that actually uses or has the Chip reader? WTF? I thought this was suppose to be some kind of major security break through

I would say 10% of the places I use my card in person, uses a chip reader. I just swipe and move on

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The law is that if fraud occurs and the business is not using the chip reader then they are responsible and not the card issuer. I assume most businesses are taking the gamble until it doesn't make financial sense anymore.