Despite news coverage and social media frustration focusing on perceived shortcomings of credit cards with EMV chip technology, nearly 4 in 5 Americans view chip cards positively, a new NerdWallet survey shows. And more people say they prefer to use chip cards than traditional magnetic-stripe cards when making purchases in stores. Even so, a year after new rules took effect to push issuers and merchants to adopt EMV, the survey confirms that the transition hasn’t been entirely smooth
More than three-quarters of Americans have used the chip feature in an EMV card, NerdWallet survey data show. But according to Visa, only about 32 percent of US merchants were EMV-ready as as of August 2016. However, Visa also said 84% of non-chip-ready merchants are planning to upgrade.