Do you think that the new "chip and pin" idea is as safe as first thought.?

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howyagonnaknow

nope

Euphojim

It may have been more secure for a while until the fraudsters caught up - it doesn't take them long though. Remember that criminal minds are just as clever (if not more so) than the experts who design these systems.

DALE A

Sophie,

Sorry to hear the bad news, but in Jersey it has been banned from near the start, what a load of sh@te, it is. Sign the cards is the best or finger print I.D which we could easily do now without aggro. Every one put your wages in the bank, no cards, and just pay cash. It's only the banks who want us to use cards, so they can lay off more staff. F@ck em! keep yourselves safe, cards and chips are fallible!

Nelson

No, I don't think so at all. It's a lot easier to force 4 digits out of someone than to try and fake their signature!

jibs

They have already stated that bad idea I think stupid as everyone can see you entering your numbers at these stupid hand held things! The only reason they done it is so they don't have to pay out so much on credit fraud as they now state that if your card details and pin etc.. get used by someone else, you was not careful enough with your pin! Mad!

ChocLover

I don't like it, I much prefer to have to sign which is why I try and use cheques as much as possible but some places are stopping taking them.
I used my husband's card in Tesco the other day (as I know his PIN) and nobody batted an eyelid!

gazhumphrey

No i dont like it one bit.They already have virus on your computer that record every key you press so only a matter of time before they have the same for chip and pin especially where they have in dodgy shops and areas.

Also theres the problem of remeber numbers.If you have a few cards it can all gets a bit frustrating.

gpatrick900

The major problem is the card still has the magnetic strip for countries that have not upgraded or don't use the chip & pin. Get rid of the strip and you have very few fraud cases. When all countries get chip and pin. Then and only then will the magnetic strip be removed.

U.S. will have trouble upgrading their system to chip and pin because of they way are debit card works. U.S. debit cards can work at least two ways. Signature and pin. Instead of being asked Credit or debit, you would be asked Pin credit or pin debit? The Merchant lawsuit slowed this down. I think since Canada is going to chip and pin the U.S. will have to get this someday.

Sandee

I don't think it's safe at all, in fact there have been tv programmes on saying and proving it's not safe. I hate putting my pin number into the machine when I am at a check out. There are always other people standing near, any of whom can see what numbers I enter when paying for goods. I think the Banks thought of it so they could put the blame on customers when things go wrong.

thebluehaze

every bit of technology is unsafe if you look hard enough to find it.
in a few years they might find something even safer than chiop and pin but fraudsters will still crack that too. we have to accept that as a society there are people that will defraud us and steal from us.
nothing and nobody is infalable, thatrs just life,

i_jeremiah

Back in college, when I bothered about such things, I used to have "This Card is STOLEN, Ask for Identification Please" written on the back in the signature area. I used this card for years and was only asked twice to produce ID. About 20% of the time I would watch the cashier read the whole back of the card and then give it back. The rest of the time they didn't even flip it over.

I knew other people who signed their cards with similar statements, or even with "Mickey Mouse", and none of it made much of a dent... just swipe, sign, and go.

So no, I don't think signatures do a bit of good. These days even when the clerks ask for Identification they'll compare signatures on my drivers licence and the card but NOT look at the card or me to see if it's actually my license. I have a photos on the license that has shoulder length hair and clean shaven, and now I'm walking around bald with a beard. Not even a glance.

Still as far as my PIN goes I try to cover the pin pad and often will put my whole hand on the pad using different fingers to push and not push (fake) buttons. I refuse to use my PIN at the bank teller (take the time to learn your account number) and never use the PIN at the grocery store if I can help it. If you're lazy you're opening yourself to fraud... if you bother a little hopefully they'll find some other mark- but one thing is for certain, the tellers don't care one way or the other.

iuytruytriuyt

didn't think it would be safe they always find a way round these things

scottie

No, but the onus is on the customer now. The bank say that the only person who knows the pin number is the customer! They are now not liable.

pstzqueen

No I don't - its a cynical way for the banks to blame card fraud on us, the bank account holder. This is because we cannot prove that we didn't give our pin number to someone else and they cannot prove that we did.

Banks are supposed to give the customer the benefit of the doubt but this is only written in their Voluntary Code of Practice and is not something they have to do.

I personally have been using cash more as I do not trust banks or chip and pin. Any shop assistant can lean over and watch you put in your pin - and they have all your card details!!

There are already many machines on the market that can read your details, including your pin number. The only thing that can't be easily obtained is your signature. Here in Spain, they require both pin and signature, but in the UK they only ask for your pin. No system is ever truly secure but I think that we have more security here.

It's no safer at all for scammers who use your card on the internet!

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