Created: 02/13/2014 6:48 AM WHEC.com
Consumers should prepare to say goodbye to the era of swipe and sign credit card transactions.
Beginning in late 2015, you will no longer need to swipe your credit card. Instead, you will just insert your card into a slot where the machine will read a micro-chip instead of a magnetic stripe. You will still have to sign for your purchases until banks determine if they want to enable pin access to their cards.
Many European countries have already made the switch to the chip-and-pin system.