NEW YORK — Chase is rolling out a credit card embedded with a “smart” chip technology that reduces fraud and is already widely used outside the United States. The British Airways co-branded card, available Monday, is intended to appeal to frequent travelers who may experience hiccups with U.S. credit cards overseas.

The U.S. is the only developed country still primarily using credit and debit cards with magnetic strips. The rest of the industrialized world has already switched, or is transitioning, to the chip-based cards.