Joanna Stern with The Wall Street Journal:
“Many don’t yet take EMV because the longer lines tend to be a much greater hit than the fraud that they’d have to pay for,” says Joseph Koenig, a technology manager at Index, a company that implements software in point-of-sale terminals.
What really drives me insane about retailers not adopting chip cards is the fact that corporations are wagering customer security with their bottom line. Companies would rather pay for stolen merchandise instead of keeping their customers’ information safe. What total crap.
I’m not even asking for wide spread support of Apple Pay; I just want to be slightly more secure with my daily transactions.
I wish this bugged more people.