Technology: MasterCard, Visa speed up chip card processing

摘要

When chip payment card technology made itsrndebut in Canada several years ago, Canadians wouldrnsometimes forget their cards at the store and have tornretrieve them the next day, a payment card expertrnhad told attendees at a NACS workshop.rnThe card must remain inserted in the reader untilrnthe end of the transaction, and chip card processingrnhas taken a few seconds longer than processing timernfor the magnetic stripe cards.