o.k.
i didnot know there are two kinda "chips" for credit cards.
mine is the "golden color Chip" shown on the left front of the card right over the first 4 digits of the cardnumber.
i have that mastercard since i was 16 years old, it get's replaced every 4 years. the cardnumber and the PIN stay always the same on the card replacements, the only thing that changes with every new card is the 3-digit security number on the back of the card, which is necessary for the internet purchases for example. but the PIN to get cash out of a ATM never changed. at the ATM's i know about here in DR and PR that chip does not offer any additional security, as i would not know that it is used for anything when i swipe my card thru the cardreader of a ATM or at a supermarket or do a online purchase. it works exactly the same way as it always did before that chip been there.
somebody knows how that chip thingy works/should work? or is it just in place to comply with different security standards of specific countries where a ATM/Supermarket etc would read the data of the chip for whatsoeverthingy.
for example for online purchases on the cyberspace, nobody could check any data on that chip, you just put in your cardnumber and that stuff and at the end confirm with the 3-digit number shown on the backside of the card.
just curious.
i use the card lately just for online purchases (and only when PayPal is not accepted for a Item/Service.
for many years i took regularly cash out of ATM's but since that cash goes different ways to different accounts todays such is rare.
for leftover money on the Pesos checking account i use the DR Debit card, mostly at the Marina fuel dock, where i feel safe with it.
othawise, as CCCCCC would agree to,
Cash is KING in Island Kingdom.
who knows the specifics and where in use for that Card Chip(the golden printed one)??
Mike