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A comment on Credit card terminals have used same password since 1990s, claim researchers. Parent comment

Re:Credit card terminals have used same password since 1990s... by petejansson on Friday April 24, 2015 @01:23PM (#9434720)
The US is moving to Chip & Signature, rather than Chip & PIN, but the liability will still shift to the merchant, not the buyer.

http://krebsonsecurity.com/2014/10/chip-pin-vs-chip-signatur...

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Re:Credit card terminals have used same password since 1990s... by Nursie on Friday April 24, 2015 @03:07PM (#9435412)
Well, it's a good start, and Chip & PIN is just a terminal capability flag and a CVM list alteration away...
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