Square wants to make your chip card less an**ying
 

Square wants to make your chip card less an**ying
http://i.amz.mshcdn.com/N-KHxS2ALEo7...-474239686.jpghttp://a.amz.mshcdn.com/assets/feed-...50839a8e00.jpghttp://a.amz.mshcdn.com/assets/feed-...32c6f24ba1.jpg
Square k**ws that chip credit cards are an**ying. That's why the payment company is trying to cut down the time you have to wait for your chip to process, at least when you're paying at a Square vendor.*

Square has cut down the transaction speed for its contactless and chip reader from 5.7 to 4.2 seconds, it an**unced Monday. The company points out that that's 25 percent faster, but it's still aiming to get the time down to three seconds in the long run.*

That 4.2 seconds is the time from dipping a credit or debit card into the chip reader to when the transaction is complete.*

Chip cards use EMV, or Europay Mastercard Visa, tech**logy.* Read more...

More about Jack Dorsey, Twitter, Visa, Debit Card, and Credit Cardhttp://pubads.g.doubleclick.net/gamp...0&c=1474902577
http://feeds.feedburner.com/~r/Mashable/~4/CSbCtUmKU2M