This October, US merchants and payment providers are scheduled to switch to new, more secure, chip-based payments. But the majority of merchants are still not ready for the switch, since the new technology will do nothing to improve the security of online shopping. As a result, some merchants will continue to have magnetic stripes on them, in addition to the new security, for the foreseable future. Some of the issues that posed the biggest challenges to Elavon, an Atlanta payments provider.”]
Source: https://www.csoonline.com/article/2981635/emv-transition-will-still-leave-security-gaps.html