Chip & Pin

[old joe]

Are we ready for chip and pin

what day to launch on valentines day

somebody must realy evil.

Better get the one for credit card sorted hang on maybe not

Dazza

[beast5680]

I think the answer is No we,re not ready lots of shops i know dont even have the pin machine yet

[Paul]

I'm ready Daz...

Just incase I ever forget, My Switch card pin is 4582.

Keep it to yourself tho.  :lol:

[old joe]

only trouble is getting hold of your wallet

the challenge is to all those who want to risk life and limb get pauls wallet this may be a dangerous task. :D

i would violunteer but i'm a coward :twisted:

Dazza

[Baby_Rhino]

its gonna be a horrible day for the shops.... people are gonna get really cross as they dont all know their pins  :roll:

[gtomo2]

chip and pin? I always use my fingers or a fork. Find pins a bit to small to pick up chips.  :lol:

[drum]

Shame we sent out all the leaflets for staff of 3 of the big supermarkets, telling them how to bypass the chip and pin, so you can sign it as per normal  :D

[Wanderer]

To hell with them.

I'm going to carry on signing the paperwork.

There's no way I'm ever using a pin number.

[V8MoneyPit]

Nothing has changed really. All this does is encourage people to get on and memorise their pin numbers. The merchants who take cards, like myself, have always been able to over ride the pin and take a signature. Equally, we have always been entitled to refuse a sale for any reason, not just because of lack of pin.

The banks charge us for every transaction we make. They charge us for the rental of the card terminals. And, yet they still charge back fraudulent transactions.

The only advantage to the merchant is that the banks are finally taking some responsibility for card fraud (about time too). If we take a card with a pin, and it turns out to be fraudulent, they are responsible. If we take a signature, we are responsible and always have been. Until now, any fraudulent transaction is charged back to the merchant. Despite what they would have you believe, credit card fraud has never cost the banks anything beyond a bit of admin. Conversely, the introduction of chip and pin has cost them dearly. Hence why it has taken so long for them to do it.

Phew! Did that look like a rant? Wasn't meant to be, just evolved into one  :lol:

[Evilgoat]

Chip & Spin :)

Utter garbage, they've taken the best bits from the US system that make it secure, removed them and tired to arrange it so the blame for poor security is once again one that gets laid at our feet.


Oh anyone noticed card cloning is suddenly becomming a huge problem? Or that the crypto algorythm had been broken already?

[DaveS]

So if someone fills up their motor with £50 or more of fuel and can't remember their PIN are they going to let them sign instead? I reckon so !! :shock:

[Sooty]

Chip & Spin :)

the blame for poor security is once again one that gets laid at our feet.

Spot on mate.
With the chip and sign system the blame for fraudulent transactions is put on the merchant as they were the one that failed to notice the signatures did not match, (and before you jump down my throat I am sure they did match as the frauster has had plenty of time to perfect it).
Now with the chip and pin method if the pin has been entered as this is only known by the card holder it must be the fault of the card holder and not the merchant and certainly not the bank!!!!!!
The banks have managed to shift the blame to you and me (the one with the least amount of money to fight it in court) by telling us it is better.
Better for whom I ask my self.

[Thrasher]

So if someone fills up their motor with £50 or more of fuel and can't remember their PIN are they going to let them sign instead? I reckon so !!

Have you not noticed that card operated fuel dispensers do not ask for your PIN number? Turn up in a stolen car/fake plates with a stolen card and you are untraceable.....FREE FUEL!

Oh .... er .... DAMN ... told you all how to do it now!?!

[V8MoneyPit]

The majority of card fraud is done by mail order anyway... so the chip and pin system will make no differenct to this.

The responsibility for reduction of card fraud *has* to lie with the banks. We, as merchants, can only do so much. We can be vigilant about strange combinations of parts ordered (12 sets of Spax shocks to Malaysia on an American card is one that springs to mind! Yeah right!) or dubious delivery addresses. But we cannot be held responsible financially for all the fraud that happens. That was certainly the case before chip and pin. At least the banks are now accepting some responsibility, even if it is only a small amount.

We have been lucky in that we have only once been caught by a fraudster. Sent some alloy wheels to the Philippines and it turned out to be dodgy. They never got the wheels though. UPS held on to them because nobody turned up to pay the import duty! However, it was more expensive to bring them back than they were worth.

[Dirty Gertie]

I insisted that my bank provided me with a PIN-less card; I have great difficulty rememememembering number sequences, and the only way I can deal with them is to make them into words eg say them aloud!! Not the most secure invention for a person like me!! As for credit cards, the way I figure it, is if the card Co's want my custom, they will facilitate my use of their cards, taking into consideration my dysnumeracy :tongue:

[V8MoneyPit]

We actually had a letter from Amex telling us not to turn their customers away when they don't have a pin.... the card company hasn't finished issuing the cards yet! There really is no hope, is there?  :lol:

[Wanderer]

You mean you take Amex Steve.

I'm sick of being refused on my Amex card.

It'll crash our tills sir.

[V8MoneyPit]

:lol:  :lol:

Yep! Costs us a fortune though... I think they charge us 2.2% compared to 1.3% for VISA or Mastercard.