New cards typically take a week to send out, but a chip shortage has pushed that to eight weeks in some cases.
Credit cards are further down the list to get the chips, and smaller credit card issuers are even further down the list.
Last summer, a global industry group for cards and mobile payments warned of a continued impact throughout 2023. Ted Rossman of Bankrate said this could be a time for people to take advantage of more contactless options, “The pandemic did really juice adoption of things like Apple Pay and Google Pay. They’ve been around for almost a decade, but a lot of people became more comfortable transacting that way when they were afraid to touch physical payment terminals,” Rossman said.
A smartphone’s mobile wallet also allows people to keep a card at home for safekeeping during the current crunch.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Applied Materials stock rises on new chip-making system that helps lower costsApplied Materials shares outperform their peers Tuesday after the chip-making equipment company unveils a lower-cost system of etching transistors.
Les mer »
South Korean startup rival to Nvidia seeks $400 million valuation and plans new A.I. chipSapeon designs artificial intelligence semiconductors for data centers, for example those run by cloud computing firms.
Les mer »
How much snow fell in New York City, New York, New Jersey, and ConnecticutOur first significant winter storm of the season produced a wide range of snow accumulations across the Tri-State area.
Les mer »
Computer chip funding to require security, worker benefitsWASHINGTON (AP) — The Commerce Department is opening the application process for computer chip manufacturers to access $39 billion in government support to build new factories and expand production.
Les mer »
Nutty Chocolate Chip Cookies RecipeShould a chocolate chip cookie be chewy or crispy? This recipe, with its crisp crinkly top and chewy center, is both. We also give guidelines for anyo...
Les mer »
Biden Officials: Chip Makers Wanting Federal Subsidies Must Provide Child CareThe Biden administration is slated to unveil a rule this week that would grant access to child care to a small slice of the U.S. workforce in an effort to advance the administration’s goal of expanding and supporting the “care economy”
Les mer »