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What I don’t understand - and never have - is why America has not embraced the “chip and PIN” solution used for credit cards in the rest of the world.

Issuers concerns that it would decrease the use of credit cards.

But that’s silly. Credit card usage has grown exponentially, world wide, because it’s deemed safer and more convenient than carrying cash and most countries require chip-and-PIN. Apple-pay and Android-pay mean you don’t even have to carry your credit card, just your phone. In Sweden, the majority of purchases are made electronically - there’s even speculation about how long it will be before cash is fazed out of use - and most people use their credit card, not their debit card, because credit cards carry extra consumer rights.

- Pam
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