Chase & Bank of America EMV (chip and pin) cards

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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CC Deville
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Postby CC Deville » Tue Jul 17, 2012 7:51 pm

websteth wrote:I will for sure. Just in speaking with American Express a few minutes ago about something else, I was told that the deadline for the US set by the companies is 2015 that all cards have to be converted. I've noticed more and more terminals have the slots in merchants now as well.


Amex....the last hold out. They disappoint me. The networks have given merchants until 2015 (gas stations until 2017) to accept chip cards; however, since the government is not mandating it, it is entirely up to the merchants to change or not. But the networks will shift liability back to the merchants if fraud occurs using a chip card at a POS terminal that could not accept a chip transaction. I believe that this will be enough incentive for merchants to change but who knows. The US' migration to EMV is unlike other countries because their governments made it happen. And you are right, I have been seeing new POS systems popping up that accept mag strip, EMV chip and RFID (paypass) all in one.


websteth
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Postby websteth » Tue Jul 17, 2012 8:17 pm

Looks like they have to convert it to a Visa to do it. It's not a card I use a lot but hey, it will have a chip so I said go ahead and make the change.
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432521
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Postby 432521 » Tue Jul 17, 2012 10:57 pm

CC Deville wrote:It is my understanding that these are Chip + Signature. The only Chip + PIN cards available in the US are issued by the UN Federal Credit Union and Andrews Federal Credit Union. You are SOL in joining the UN FCU unless you are part of the UN but anybody can join Andrews FCU.

It is looking more and more that the US will stay with Chip + Signature which is very disappointing. The change to Chip + PIN would be very expensive and it is believed that RFID NFC payments (paypass/paywave also used with cell phones) is the future of card payments so nobody wants to invest in the EMV chips any more than they are already having to. It just makes me mad how the US always has to be different....no metric system, finding a diesel car is like picking up chop sticks with your bu tt cheeks etc......


Question, why would you want a diesel car? Diesel prices now a days are even higher than freaking gas prices
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websteth
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Postby websteth » Tue Jul 17, 2012 11:04 pm

432521 wrote:Question, why would you want a diesel car? Diesel prices now a days are even higher than freaking gas prices

When I was looking at my new VW Passat, I looked at the TDI version. Milage was much better but, I would have had to drive about 30,000 miles a year before I really would see the perks of it. If you do a lot of driving on highways, it made sense to pay extra for the TDI.
American Express: Platinum, Zync, Platinum Delta SkyMiles, Blue, Starwood Preferred Guest
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432521
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Postby 432521 » Wed Jul 18, 2012 2:05 am

Dang 30,000 miles per year? I hope I never have to drive that much a year thats crazy. My 08 civic is at 67K and My 06 RSX is still around 55K.
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MemberSince99
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Postby MemberSince99 » Wed Jul 18, 2012 6:16 am

My last vehicle I had a crazy commute like that - ran up 225,000 miles on it. I spent a lot of time in the car. Now with the economy still hosed (no matter what lies the government tells us about it) I have a friend who is looking at a 90 mile one way commute potentially.

jeffysdad
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Postby jeffysdad » Wed Jul 18, 2012 7:33 am

Diesels are also good for towing.

The same sort of payback math also applies to gas/electric hybrids, the purchase of which is more often driven by virtue than economics.

My car problem is the opposite of most. I work at home and live in the city and so drive less than 4k/year. I have a very modest economy car, and even that is "more than I need." I'd like a nicer car (because I just like cars), but there's no way that I can justify such an expense for the amount that I drive.
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CC Deville
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Postby CC Deville » Wed Jul 18, 2012 3:56 pm

websteth wrote:Looks like they have to convert it to a Visa to do it. It's not a card I use a lot but hey, it will have a chip so I said go ahead and make the change.


That is what I thought. They probably only have card stock with the chip on Visa's. I kind of like the idea of having the MasterCard version since everybody else has the Visa. Let us know how it goes. I hope to have mine in the mail by Tuesday.

CC Deville
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Postby CC Deville » Wed Jul 18, 2012 3:58 pm

432521 wrote:Question, why would you want a diesel car? Diesel prices now a days are even higher than freaking gas prices


Modern, clean burning turbo diesels have great mileage and give off less greenhouse gases than a traditional gasoline engine. They also have some crazy awesome torque so you can get a 4 cylinder diesel engine with the torque of a V6 gas engine and the economy of a pansy tree hugging hybrid. Basically you get the feel of a gas engine with the benefits of a hybrid/and or electric without being a tool.

432521
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Postby 432521 » Wed Jul 18, 2012 5:23 pm

CC Deville wrote:Modern, clean burning turbo diesels have great mileage and give off less greenhouse gases than a traditional gasoline engine. They also have some crazy awesome torque so you can get a 4 cylinder diesel engine with the torque of a V6 gas engine and the economy of a pansy tree hugging hybrid. Basically you get the feel of a gas engine with the benefits of a hybrid/and or electric without being a tool.


I find you last sentence to be disturbingly true. My goodness My 50 mile commute everyday for school sucks because of people that drive the expensive hybrids and electric cars. Its like they thing they own the road because there car is so dam good for the environment. I swear I almost got into an accident today because some jackass in a volt thought he owned the road and when he was trying to merge into my lane instead of waiting to get into behind me; there was no one being me so he basically risked both of our lives to save maybe half a second. It was already to late for me to slow down to let him in because i was already a little past the end of the merge lane and instead of him stopping I had to swerve into the next lane over to avoid the collision. And the thing was he actually sped up just to try to get hit me. I was fuming and when i pulled up beside him the dude has shades on; my god it is freaking raining harder than a mother and the sky is so dam dark and had a bluetooth in his ear talking to someone and he was texting someone.
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