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0 pointsfhood9y ago0 comments

Wait wut?

First my cheques are free, and the only time I really use them is when somebody needs by account info on file.

Second I have a chip card and I hate it.

Third, you're right. US telecom blows.

Fourth I hate to break it to you but talent really does flock to the US from europe and elsewhere and many of our greatest scientists and entrepreneurs are from abroad. Hell, Elon Musk is South African. That is the result of an extremely innovation friendly investment community, and the best higher education (UK is a distant second), in the world.

0 comments

k-mcgrady9y ago

>> Second I have a chip card and I hate it."

Why? A bit more info would be useful.

doktrin9y ago

Probably because it's slightly slower to use than magnetic strips (at least in the US), and since we're in a transition period you kind of never know whether a given store supports chip inserts.

k-mcgrady9y ago

Good points but that's not really a problem with the chip and pin tech. The parents comments sounded like he had a specific issue with that. Regarding speed I'm not too familiar with magnetic strip cards but don't you have to sign the receipt? If so that seems like it would take as long as entering a PIN. Also, do magnetic strips support contactless payments? The chip and PIN cards in the UK do which makes payments almost instant (up to £30).

2 more replies

JoeAltmaier9y ago

They don't work everywhere (just give 'declined' when swiped which can be embarrassing) and they're definitely slower, as they contact the mother ship on every transaction.

fhoodOP9y ago

Everybody in the comments correctly guessed my gripes. My least favorite thing is that I can't swipe if there is an option to use the chip.

j / k navigate · click thread line to collapse

0 pointsfhood9y ago0 comments

Wait wut?

First my cheques are free, and the only time I really use them is when somebody needs by account info on file.

Second I have a chip card and I hate it.

Third, you're right. US telecom blows.

0 comments

k-mcgrady9y ago

>> Second I have a chip card and I hate it."

Why? A bit more info would be useful.

doktrin9y ago

Probably because it's slightly slower to use than magnetic strips (at least in the US), and since we're in a transition period you kind of never know whether a given store supports chip inserts.

k-mcgrady9y ago

2 more replies

JoeAltmaier9y ago

They don't work everywhere (just give 'declined' when swiped which can be embarrassing) and they're definitely slower, as they contact the mother ship on every transaction.

fhoodOP9y ago

Everybody in the comments correctly guessed my gripes. My least favorite thing is that I can't swipe if there is an option to use the chip.

j / k navigate · click thread line to collapse