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Chip and pin credit cards

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Greetings all. I've been reading about changing dollars/banking/ATMs, etc., and see that a lot of advice is to use credit cards. I've always done so with ease in the past, but haven't done a lot of traveling since the chip and pin issue with credit cards. My questions: are the US cards (without chip and pin) still readily usable in Europe? Do European businesses (esp hotels and restaurants) still disdain American Express cards (my choice)? Thanks!

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