The checkout counter cha-cha: Swipe the card, step back, turn around, insert in chip reader, tap toe for 10 minutes while the card reader works.
Okay, it's not 10 minutes, but a chip reader takes double the time of a swipe — about 13 seconds, according to Wall Street Journal tech writer Joanna Stern. Chip readers send an encrypted number to your bank, instead of data, so they are more secure.
Not all stores have chip card readers, possibly in response to wait times. According to Visa, only 28 percent of all merchants support chip readers.
All this may encourage the rise of the smartphone wallet.
Samsung Pay, available only on Android devices, lets users enter their credit card info into an app and then allows your phone to imitate a card swipe. Businesses do not have to have a special machine, so the service is accepted everywhere.
On iPhone 6 and later, ApplePay lets you pay with your phone wherever there is a wireless terminal. All you do is load your credit card information into your phone, or approve the credit card tied to your Apple account and you are ready. When you see a wireless terminal at checkout, pull out your iPhone instead of your wallet. No need to turn on the phone. As you move it within an inch of the terminal, the phone wakes up and opens wallet. Use touch ID to complete the transaction.