The Switch To Chip

Credit cards and debit cards have tons of safety features. The extra security code on the back. Sometimes your picture. Your signature. That little hologram of a bird that nobody looks at.

But, until recently, there's been a big safety feature missing from credit cards in the U.S.: The chip. It was rolled out to stop fraud in France decades ago. It worked. Every other major economy adopted it, except us. Until now.

What took so long for it to get here? And now that it is here, why have so few stores adopted it?