[IMGCAP(1)]For half a century, U.S. consumers have been accustomed to swiping and signing when making credit card purchases. But soon the magnetic stripe will go the way of Pan Am airlines and Bear Stearns.

Moves are already afoot in the U.S. to transition from the traditional magnetic stripe to a chip-and-signature system—the last major market in the world to embrace this chip technology.

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