system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: why do chip card transactions take so much longer to process than magnetic strip transactions?
gpt
It's an Infrastructure Issue.

Chip Cards have added Security Features. These features are meant to make forging a Chip Card *incredibly* difficult, even if you manage to get a Skimmer working for them. However, more complex security features require more Computer Processing to verify and authorize.

The Chip Cards are new, and they're running on the older hardware made for Swipe Cards. This hardware isn't fast enough to do Chip Cards as quickly. You've basically traded some Time for Security.

Chip Card Transactions *will* become faster as the Infrastructure is improved. It's just a matter of waiting for companies to get that Infrastructure set up.