Probably not. The magnetic strip was easy to explain (it contains some info the terminal checks, it's functionally just a long password), but it's also pretty easy to explain why skimming was a problem. Explaining how chips fixed that (signing keys and cryptography) is probably beyond a 30 second explanation with Joe Schmo.
Then again, I doubt most people care to know, which is why that explanation works. They're not going to ask 'where is the passkey in my computer?'.
Probably not. The magnetic strip was easy to explain (it contains some info the terminal checks, it's functionally just a long password), but it's also pretty easy to explain why skimming was a problem. Explaining how chips fixed that (signing keys and cryptography) is probably beyond a 30 second explanation with Joe Schmo.
Then again, I doubt most people care to know, which is why that explanation works. They're not going to ask 'where is the passkey in my computer?'.