For an individual a chip based card is better in terms of safety.
The chip based card has to be inserted into the machine for the details to be read and used,
This makes the physical presence of the card important and it also means that just having the details of the card will not lead to its misuse at a point of sale machine.
In addition the need to enter a PIN when the card is inserted into the machine adds to the safety element.
One still needs to be careful in terms of misuse of the chip based card on the internet.