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Hi I 'm in the UK where we have chip and pin for card payments I hear that in the US its no...


G+_Marko Turunen
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Hi. I'm in the UK where we have chip and pin for card payments. I hear that in the US its not taking off due to it being very slow.

 

In the UK in most shops it's almost instant and I would say that unless there is a problem it takes less that 5 seconds, and in some shops it's 1/2 second.

 

Why is it so slow in the US? I hear reports it can take 15 seconds to authorise the payment.

 

Thanks. :-)

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Those of us in the US who are standing and waiting have the same question. I suspect the culprit is poorly implemented protocols and slow connections back to the authorizing agent. But, the speed is only the second worst thing in our chip cards - they are signature based instead of a PIN so anyone can just scribble on the terminal and use a stolen card.

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In some small old speciality shops where the card isn't used much I think it uses a dialup connection and is slow.

This video shows how insecure it is as well.....

 

But my main point of this post is the reported speed issues. :-)

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