The key here is chip + signature, which has been removed in countries that have advanced their payment processing. Here in Australia you actually haven't been able to sign for a transaction for the past 2-ish years.
Hell, it's 2016 and I'm still encountering retailers who end up having to key in the card, or in a couple of cases still do offline processing with manual carbon-slip imprints.
Our shitty American cards affect the rest of the world too. Traveling to Europe over the past decade+ until 2015 I apologize for my unexpectedly chipless card everywhere I went (never had much trouble using it though); same with Canada up to present. They all have chip+PIN, but our cards go through without and spit out a receipt with a signature line.