[function_seven]

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

[uxwtf]

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.

[skeletonjelly]

I fail to see how the chip provides less information for a transaction to appear differently on a statement. Something is afoot.

[function_seven]

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.