Outdated Credit Tech Costs U.S. Travelers

(Source: Record, The; Bergen County, N.J.) By Kevin DeMarrais

As soon as my wife and I cleared customs at Heathrow Airport, we

But my ATM card was rejected at two cash machines, and neither of

I wasn't totally shocked by the rejection because the same thing

In that case, however, I was able to go inside the station and

But that may not be the case much longer if cards issued by U.S.

When traveling, I rely on easy access to cash via my bank card.

But that depends on having my bank card with its magnetic strip

When introduced in the Sixties, strip technology revolutionized

But 8-track recordings and analog cellphones were also considered

Until now, Americans had trouble mostly at ticket kiosks, non-

But early this year the European Payments Council passed a

Since its introduction in 1995, chip-and-PIN technology has

"It's becoming a global standard," said Ben Woolsey, director of

While attempts have been made to introduce similar technology in

The U.S. - where credit card fraud has been flat - is the only

Fortunately, some of the big companies, including Wells Fargo and

But the tests are limited, as is the availability of pre-paid

That means that if you are traveling internationally, you need to

Originally published by E-mail: demarrais@northjersey.com Blog: northjersey.com/moneyblog.

(c) 2011 Record, The; Bergen County, N.J.. Provided by ProQuest LLC. All rights Reserved.

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The World almanac and book of facts

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The science of civilisation, or, The principles of agricultural, industrial, and commercial prosperity

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British Pound Conversion
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British Pounds to US Dollars Conversion Calculator
Use the following calculator to convert between British Pounds and US Dollars. ... How to use British Pound to US Dollar Conversion Calculator. Type the value in the box ...

British Pound Exchange Rate - British Pound Currency ...
British Pound Exchange Rate - British Pound Currency Page - GBP - Exchange Rates UK

GBP Conversion - British Pound Conversion - Currency Converter
GBP Conversion - British Pound Conversion - Currency Converter - 24Hrs real-time currency exchange rates, convert to 180+ world major currencies.

British Pound Conversion
Currency Conversion Table. British Pound, often simply called the pound, is the currency ... To perform conversions between British Pound and other currencies ...