EMV in Canada vs USA

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Whatamuji
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EMV in Canada vs USA

Postby Whatamuji » Tue Jul 21, 2015 9:43 pm

So I'm in Canada and I used my credit card at a restaurant. I love how they bring the credit card reader to your table and insert the card while you're sitting right there and then simply follow the on screen prompts to add tip and such. So can we expect a similar system to rollout in the US when October rolls around?
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Vermonster
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Re: EMV in Canada vs USA

Postby Vermonster » Tue Jul 21, 2015 10:15 pm

Whatamuji wrote:So I'm in Canada and I used my credit card at a restaurant. I love how they bring the credit card reader to your table and insert the card while you're sitting right there and then simply follow the on screen prompts to add tip and such. So can we expect a similar system to rollout in the US when October rolls around?


I doubt it. The only real reason is that they expect you to put you PIN in. It is always going to be a pain in the ass with Chip+Sig.
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dragon452
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Re: EMV in Canada vs USA

Postby dragon452 » Tue Jul 21, 2015 10:18 pm

We can expect little in the way of a suitable conversion to any kind of EMV/PIN/Magnetic Stripe system by October of this year. I have only two cards with EMV chips so far: 1) A Chase Freedom Card converted from the Mastercard Network to the Visa Network, so the replacement card was a "new style" EMV chipped card. 2) A Capital One Venture Card that had to be replaced again because a replacement card was "lost in transit" so the acct. number was changed, and a new style EMV card was sent to replace it. No debit cards have yet been issued to me by the banks I deal with, and no gasoline credit cards either.

Now I intend to do some international travelling to the Caribbean. I called Chase ten days ago, and requested that my other Freedom Card simply be replaced with a chipped card (keep the same account number, everything else the same). The C/S agent, who sounded unsure of herself (an overseas agent, by the way), put me on hold, and came back saying that "I was not eligible for this type of replacement card"! Since my Chase card accounts are over forty years old and in PERFECT standing, I would not accept her vague and (obviously incorrect) answer, and demanded to speak to a credit manager. She had me on hold again for over six minutes this time, and came back saying "sir, you are not eligible for this type of card, but we will send one to you in seven to ten business days...". I graciously thanked her for her assistance anyway. I haven't received the new card as yet.

My point being this: if you have to argue with the banks in July to get a chipped card of any kind, chances of everybody getting chipped cards by October are very slim, and vendors are in no rush whatsoever to get upgraded card readers. It was like digital TV several years ago: the USA was one of the last places on earth to convert to the new technology. How times have changed.

rockyrock
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Re: EMV in Canada vs USA

Postby rockyrock » Wed Jul 22, 2015 8:49 am

dragon452 wrote:
My point being this: if you have to argue with the banks in July to get a chipped card of any kind, chances of everybody getting chipped cards by October are very slim, and vendors are in no rush whatsoever to get upgraded card readers. It was like digital TV several years ago: the USA was one of the last places on earth to convert to the new technology. How times have changed.


Sad but true :(
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Whatamuji
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Re: EMV in Canada vs USA

Postby Whatamuji » Wed Jul 22, 2015 8:26 pm

Yeah I have no doubts that EMV won't roll out in October like many of us wish it would. What I don't get is why there are stores in the U.S. who have the Ingenico branded POS (Point of Sale) readers but don't have the chip feature implemented. That just boggles my mind. :rant:
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takeshi
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Re: EMV in Canada vs USA

Postby takeshi » Thu Jul 23, 2015 8:18 am

It can take time -- especially for bigger companies -- to roll out such changes. Most the EMV terminals that I've seen so far have actually been at smaller retailers. My wife's company has them. The independent convenience store around the corner has one. A pie shop I went to had one.

dragon452 wrote:vendors are in no rush whatsoever to get upgraded card readers. It was like digital TV several years ago: the USA was one of the last places on earth to convert to the new technology.

It's a bit different given the liability shift but retailers are having to balance the liability shift with other concerns.

Whatamuji
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Re: EMV in Canada vs USA

Postby Whatamuji » Thu Jul 23, 2015 8:40 pm

I imagine it would be more beneficial for the smaller companies to make the switch to EMV sooner due to the liability shift. And the larger companies probably have more leeway before making the switch. Just my opinion.
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dragon452
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Re: EMV in Canada vs USA

Postby dragon452 » Fri Jul 24, 2015 9:46 pm

Just a follow-up to my previous reply regarding bullying J.P. Morgan Chase to issue an EMV chipped Freedom Card to me (as a simple replacement card): I did receive it on July 23rd, two days after I wrote the original reply. I must have been persuasive (after being told I was NOT eligible for an EMV upgrade).

Anyway, I was wondering if anybody has received a Debit Card with an EMV chip from their local bank yet (either a Visa or Mastercard debit card)? Has anybody received an oil company (gasoline only) credit card with a chip? Please advise...thanks!

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CarefulBuilder14
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Re: EMV in Canada vs USA

Postby CarefulBuilder14 » Fri Jul 24, 2015 10:11 pm

I've had a mixed experience with Chase about this.

I called in September 2014 and asked for a chipped Freedom. The CSR understood exactly what I wanted and the card came a few days later.

I called a few weeks ago to ask for a chipped debit card. The CSR understood my request, but said that since I had recently opened an IHG credit card, I would have to wait a month before I could ask for a replacement debit card. I guess they thought I might be an identity thief who had successfully illegally opened a credit card in someone's name, and was now eying the more lucrative prize of a checking account.
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Whatamuji
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Re: EMV in Canada vs USA

Postby Whatamuji » Sat Jul 25, 2015 7:20 am

I know that Bank of America is issuing chip-enabled debit cards but I haven't seen any Chase debit cards with chips nor has my own bank, BBVA Compass issued a chip enabled card but I don't expect that to happen in my lifetime.
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