Creston wrote on Oct 2, 2012, 17:07:
I had a chip card in Holland in the late 90s, and I never really saw much purpose to the damn thing. It was on the same card as my debit card, so instead of having to swipe my card and type a four digit pin and pay out of my account, I had to preload the chip, then I'd hold it near the chip "reader", and after a few seconds it would deduct the chip amount.
....
But why won't your CC's work? Are they still a Master or Visa card? The chip wouldn't do anything in a normal CC reader.
Chip cards(I use interac as an example this is our banking card system) are different than what you're talking about. That's RFID. Chipped cards here are a physical chip on the card that uses 2-factor authentication instead of one factor(just the PIN). The reason why it can can fail is because of the way chipped cards are encoded as "chip in first or refused authentication" doesn't always happen but it's more of a hassle. At pumps in the US they're invalid because you can't give them a zipcode, they require a postal code that's tied to the chip and strip. Again doesn't always happen, but it's more common than not now.
--
"For every human problem,
there is a neat, simple solution;
and it is always wrong."
--H.L. Mencken