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  • Tbf I haven't been in 5yrs so there's every chance their banking system has advanced to European 2010 levels.

    Obviously there were some places where it was more evident and they had the wireless tablets. But even in major New York sporting venues it was easier to pay cash and you felt like they'd be better able to accept cheques than cards.

  • I remember some American client trying to convince me how the American banking system was so much superior to the rest of the world. He faltered a bit at explaining exactly why a signature was better than chip and pin.

    Apple/Google pay does seem to have driven the US in catching up though.

  • The simple answer is that, until relatively recently, the cost to implement chip and pin in the US was higher than the cost of the fraud it was meant to prevent.

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