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by zephjc 4288 days ago
According to http://www.tomsguide.com/us/chip-and-pin-credit-cards,review... "U.S. retailers have until Oct. 1, 2015, to install chip-and-PIN compatible card readers at stores. After that date, merchants will be held liable for any fraudulent charges resulting from misuse of magnetic-stripe cards."
1 comments

Merchants are already de facto liable for fraudulent charges.