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Comment by jackmaney | Hacker News Reader

> isn't it less secure and deprecated technology?

Uhhhh...no? I've lived in the US my entire life, and while I've seen pin and chip readers, I've never had a pin and chip card, never known anyone who has ever had one, and never seen one used. Ever.

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That'll change very shortly, first of my US credit cards was just reissued with a chip and you can expect that all of yours will be within the next year or so.

Note that it is Chip and Signature though, not chip and pin.

My bank card expires in a couple of years, so we'll see if my next card is chip and pin (or chip and signature). Hopefully, things will have changed by then.

I've had a chip in my card for many years now, but that's probably because it's a "travel" card and it's there so that you can use it abroad. All new replacement cards I've received in the past year or so have had chips. I also see chip readers on terminals at most retailers but curiously they have them turned off for now.

I got a (brand new, of course) corporate card from my employer last year, and it only works via magnetic stripe.

It's deprecated in most of the rest of the world now, we've moved on through chip-cards and now contactless cards. The USA is really behind in credit-card tech.

The Coin card was never going to sell outside the USA (not that that's a small market or anything! But even the US is going to move on eventually).

> The USA is really behind in credit-card tech.

It's not so much the USA as it is the American financial sector. Finance moves at a glacial pace.

Well, it's the retailers as well from what I know, national chains in the US have comparatively large existing card-reader estates and they're not keen on replacing them all, or retraining staff. Not that these pressures are unique to the USA but they do seem to have taken prevalence over fraud concerns.

Here in Canada we mostly use chip-and-pin cards, glad to be ahead of US on this one.

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