Tuesday, July 26, 2016

Credit card companies are blowing it with chip payments

Today I did two things I do nearly every day. 1) I bought something using a credit card, and 2) I complained about something on Twitter. But today, the complaint on Twitter was related to payments, and now my replies are blowing up. They’re blowing up because I said a very obvious thing: in the past couple of months, buying something with a credit card in America has become an absolutely awful experience.

Tell me if this looks familiar:

I bet it does! The problem, if you didn’t know, is a new system of payments based on that little chip on your credit card....

Continue reading…