Traveling with Debit cards and credit cards
US residents will be encountering new problems with finance issues while traveling. Or it may seem like traveling 20-30 years ago.
It seems every financial institution in the world except those in the US are moving to debit and credit card with embedded chips. Eventually every machine in Europe accepting credit cards or debit cards will be checking for an embedded chip on your plastic card in addition to asking you for a PIN number. The following article tells you to just ask the shop or vendor to process the card using the older method but I can tell you that won't get you far. I traveled with a credit card with a failing or weak magnetic stripe a couple of years ago, trying to use it for DB tickets. The DB travel bureaus in larger cities took it in stride and did manual transactions. In the small and medium-sized towns, the customer service person had no knowledge and little patience to do the manual transactions.
The bottom line: US residents will eventually find their debit and credit cards unusable everywhere else in the world.
Here's a link to an article on this.
[url]http://www.nytimes.com/2009/10/04/travel/04pracchip.html[/url]
Rufus
Re: US travelers finances
[QUOTE=Rufus T Firefly]US residents will be encountering new problems with finance issues while traveling. Or it may seem like traveling 20-30 years ago.
Rufus[/QUOTE]
To follow up on my initial frantic note, the reports are a little murky. It appears the problem lies primarily with credit card transactions and less or perhaps not at all with debit cards. US credit card holders may have to insist on having their cards magnetically scanned. On the other hand, the reports suggest ATMs won't be a problem since they participate in Cirrus and related bank networks. Here are three URLs to look at...
[url]http://www.nytimes.com/2009/10/04/travel/04pracchip.html?_r=1[/url]
[url]http://intransit.blogs.nytimes.com/2009/10/06/readers-rip-on-credit-cards/[/url]
[url]http://community.nytimes.com/comments/www.nytimes.com/2009/10/04/travel/04pracchip.html[/url]
Rufus