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I fail to see how the chip provides less information for a transaction to appear differently on a statement. Something is afoot.


Yeah, I don't see any reason why is wouldn't, either. But on my statement, the chip transactions I had didn't list the merchant name or category (this was with AMEX), just some gobbledygook terminal number and a generic "Withdrawl".

It could be the way the merchant was set up, or maybe it's not done that way anymore, but I still don't see the point at this time.




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