Why Credit Cards Have That Annoying Chip | Planet Money | NPR

Here’s a history lesson for you that you might not have known you’d be interested in – National Public Radio put together this funny yet informative short documentary about the origins of the chip and pin system on credit cards. Tracing the history of credit cards back to the 1960’s when everything was performed through manual phone calls, through to the introduction of magnetic tape, the video explains how it was the poor state of telephone lines in France that caused a hippy inventor to come up with the chip system. The video is quick-paced and edited together with interesting and amusing footage, making what might seem to be quite a boring topic highly entertaining to watch, and who knows, you might actually learn something from it…

Credit Cards|Planet Money|National Public Radio|Documentary