Interesting...
I can see numerous problems occurring as Americans get switched over in mass to a new type of Debit card. Not so much from the users I suppose but from the lack of new point of sales devices industry wide.
Especially if the POS devices are foreign made, (China), and have imbedded ‘problems’.
Users will be a problem. Remembering pins.
Correct. Swipe machines need to be replaced.
Chip cards here are still have strips so that the old machines can read them.
The devices are out there. Its the retailers that will be the problem. They are slow to adapt. Part or what I do is point of sale work. Many just now upgraded from windows xp due to end of life and most just replaced their pin pads due to pci compliance.
Dont get me wrong this change is good for card security but its coming at a bad time as replacing pin pads can cost north of 1000 bucks a unit. Its gonna leave a dent in the bottom line.