Chase is going to be changing their British Airways Visa credit card to have both readers, the magnetic strip used in the US and a chip for use in many other countries. There is no time frame for the availability of this new card yet, but it will be a great feature when traveling abroad. Credit cards with only the magnetic strip will not work at machines only using the chip and pin technology. Buying train tickets from a ticket machine, paying at the pump for gasoline or renting by bicycles from automated service points will be possible with this new credit card feature.
Great post!