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October 04, 2009

US Travelers Find Their Card Cards Sometimes Don't Work Overseas

In an article titled "For Americans, Plastic Buys Less Abroad", Michelle Higgins writes for the New York Times about how US-issued magnetic stripe credit cards lack a chip that is increasingly required at unattended POS locations in countries overseas. Higgins writes that "as more countries around the world move to chip-and-PIN cards, it’s inevitable that Americans will encounter more difficulties paying for things abroad."

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