Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday May 10, 2014

US Credit Card System Begins Complete Overhaul

At long last, the United States will begin to play catch up with the rest of the world in credit card technology within the next 18 months. The full transition to chip technology is expected to take up to three years.

In addition to adding a chip to each of the 1.2 billion credit and debit cards circulating in the US, the overhaul requires upgrading card readers at retail locations, and there's plenty of incentive for businesses to hop on board with the change.