We've got chip & pin here in Canada and my card works flawlessly both in Canada and in the USA. My card has a the raised lettering, magnetic stripe, a chip, and contact-less payment. I've actually used all 4 recently:
1. Raised lettering - at a Mennonite farm (long story, normally would have brought cash)
2. Magnetic stripe - in the USA last year
3. Chip & Pin - everyday, larger transactions and places that don't have tap
4. Tap & Pay - everyday smaller transactions, including at a drug store in Florida.
New stuff is great - the key to a smooth roll out is great backwards compatibility though.