> Nope in other countries you're insured on your debit card as well
At the time EMV ("chip-and-pin") was first rolled out across most of Europe, cardholders were actually liable for card-present fraud on their cards, whereas they had not been for magnetic stripe card-present fraud. It took a few years for the EU to pass a law changing this. In the meantime, chip-and-pin was actually a downgrade from the customers' perspective.
Reminded me the first time in the USA, when the waiter ask how I will pay my meal, I said VISA, and he just waited here. I said I need the card processor, and he explained to me that, no, he will take my credit card in the back and to trust him to not steal from me... It's an insane process.
At the time EMV ("chip-and-pin") was first rolled out across most of Europe, cardholders were actually liable for card-present fraud on their cards, whereas they had not been for magnetic stripe card-present fraud. It took a few years for the EU to pass a law changing this. In the meantime, chip-and-pin was actually a downgrade from the customers' perspective.