[akjj]

Because the cost of upgrading the infrastructure to do chip and pin has always been more than the cost of fraud associated with magnetic stripes.

[eli]

Well, and also that the people who get stuck with the bill for fraud are not the same people who pay for the infrastructure.

[dllthomas]

Is that actually the case? Who do you see making up each of those groups?

[kalleboo]

Then why was the transition done in Europe? Was there more fraud there?