Just Ask Gemalto: What countries require different credit card technology?
June 20th, 2011Q: In which countries does one use a smart card (chip) and PIN code to make a credit card payment?
A: This all depends whether the country has adopted smart-card payment technology. Visa and MasterCard are encouraging countries to move to this technology as it helps reduce credit card fraud. 76 countries are now deploying or have deployed smart card payment technology.
Europe has been a focus of this activity and migration has occurred in most countries, but these are not the only countries where the new technology is used. In many instances, magnetic stripe cards can still be used for payments when you physically present the card to a person, like at a restaurant.