> Our debit and credit cards are being replaced with cards with chips embedded
Do you want to know something scary about that. We've had Chip and PIN as the de-facto standard in the UK for some years now (although I do remember it coming in).
The really scary thing is; my parents remember it being widely used in Germany in the late 80's.
It is true that paying in stores with my German ATM card and its PIN was nothing new when I got my first bank account in the mid-90s. However, that system used the magnetic stripe of the card (which is why skimming is still so attractive here); smart-card chips on bank cards were introduced a lot more recently.
I only have my parents recollections about this (we lived in Germany in the late 80's, but I was 0 & so can't recall ;)) - possibly it was swipe & pin, I'd have to ask.
But when the Chip 'n Pin system came in here in the UK my Dad's first comment was "oh, they were using that in Germany in '87/88"
Do you want to know something scary about that. We've had Chip and PIN as the de-facto standard in the UK for some years now (although I do remember it coming in).
The really scary thing is; my parents remember it being widely used in Germany in the late 80's.
Has it really taken that long to get to Canada?