Not actually come across any contactless credit cards in the wild yet.
On-line you need a different PIN, aka a security code.

I have a contactless AmEx in the U.S. which I can tap at the till in
my local Wegmans supermarket (sort of like if Waitrose was owned by a
family of Italian-Americans) and many convenience stores. Wegmans
don't require a signature up to $50, tap or swipe.

I really don't understand the resistance of US banks to chip+pin
cards. Very few issue them, primarily for people who travel to other
countries. Visa and MasterCard say that all their acquirers have to
support chip+pin by April 2013 but I'll believe it when I see it.

R's,
John

PS: Don't waste time arguing with Adam, unless you fancy a battle of wits
with an unarmed opponent.
--
Regards,
John Levine, , Primary Perpetrator of "The Internet for Dummies",
Please consider the environment before reading this e-mail. http://jl.ly

On 25-Feb-12 15:45, John Levine wrote:
Not actually come across any contactless credit cards in the wild yet.
On-line you need a different PIN, aka a security code.

I have a contactless AmEx in the U.S. which I can tap at the till in
my local Wegmans supermarket (sort of like if Waitrose was owned by a
family of Italian-Americans) and many convenience stores. Wegmans
don't require a signature up to $50, tap or swipe.

So, that just means their floor is apparently $50; whether the card
number is acquired via tap, swipe or imprint is irrelevant to
that--though it affects the merchant's rate and liability.

I really don't understand the resistance of US banks to chip+pin
cards.

Apparently, our banks don't think that the (minuscule) projected
reduction in fraud is worth the cost, and so far they haven't yet
managed to bribe Congress into letting them use EMV as an excuse to dump
that liability on consumers--shocking, considering how corrupt those
buffoons usually are.

S

--
Stephen Sprunk "God does not play dice." --Albert Einstein
CCIE #3723 "God is an inveterate gambler, and He throws the
K5SSS dice at every possible opportunity." --Stephen Hawking

John Levine wrote:

PS: Don't waste time arguing with Adam, unless you fancy a battle of wits
with an unarmed opponent.

Everyone should follow John's lead as the model of on line decorum and
adult behavior, certainly.