Chat & Social > The Bar - General Chat
Chip & Pin
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:
--- Quote from: "Evilgoat" ---Chip & Spin :)
the blame for poor security is once again one that gets laid at our feet.
--- End quote ---
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:
--- Quote ---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 !!
--- End quote ---
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:
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