Wal-Mart, Visa Are Fixing the Worst Thing About Chip Credit Cards

If you're tired of how much longer checkout at a store is taking since the rollout of new chip-enabled credit and debit cards, relief may be on the way. Visa said on Tuesday it had upgraded its software to improve the processing of chip-enabled cards and reduce checkout times. The payments company said the upgrade will let shoppers quickly dip and remove their chip credit card in two seconds, rather than having to leave the card in the terminal while the transaction is going through. All told, this could remove 18 seconds from the typical transaction time.