So you swipe the card? I haven't seen a cash registry where you need to swipe in ages. I understand the cost implications but it seems really ancient not to use the chip.
I'm assuming you're not in the US. Swiping here is still very much the default. I've used the chip readers, but they appear on my statements with less information than a swipe, so now I avoid them, they give me no additional benefit
Swiping is quite rare in European countries which use chips and codes everywhere. This might be not the best concept for Europe, but I believe that in the US it works fine. Dorsey should come to demo it at Le Web to see how people will react to swiping.
Yeah, I don't see any reason why is wouldn't, either. But on my statement, the chip transactions I had didn't list the merchant name or category (this was with AMEX), just some gobbledygook terminal number and a generic "Withdrawl".
It could be the way the merchant was set up, or maybe it's not done that way anymore, but I still don't see the point at this time.