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Citibank chip-and-pin cards



 
 
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Old August 17th, 2011, 03:26 PM posted to rec.travel.europe,rec.travel.asia
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Default Citibank chip-and-pin cards

On Aug 17, 4:59*am, Chris Blunt wrote:
Probably because it's no use individual credit card issuers acting
alone. It needs the whole industry in each country to agree to issue
chip-and-pin cards and for merchants and card acquirers all to be set
up to accept them.

For now, they could issue cards with both magnetic stripes and a chip
to the customers who request them. If the bank is concerned about the
expense, the bankers should also think about the profits that would be
lost when I take my banking business elsewhere (I am a Citigold
customer).
 




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