asher63 (asher63) wrote,

Technology Query: Chip Cards

Anybody else been having difficulty with those new chip ATM / credit cards? ("New" in the USA, anyway; I've heard that some other countries have been using them for a while.)

I've had problems with purchases not going through, and, most recently, transactions showing as "failed" but still posting to my bank account. I was told that the debit is only a hold and that the charges will be reversed on the next business day, but it's still troubling.

I don't like the chip cards because they're slower and, in my experience, less reliable than the magnetic stripe. I know they're supposed to be "more secure". Your thoughts?
Tags: customer disservice, teccchnology

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