After all, about half of the world's credit card fraud reportedly happens in the U.
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With that in mind, many credit card issuers have begun sending out EMV-chip-enabled cards to people like me with letters that talk about the extra levels of security that these cards provide. We find one that looks cool, of course, and is the right size.
In June, Sam's Club became the latest to boast of its new chip-bearing card. Then he takes a few test swings, and we go pay for it.
And the chips have become the standard in most of the credit-card-accepting world, leaving the United States as the only major economy that still relies on magnetic stripes.