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That doesn't solve the problem Cushman mentioned (and clarified several times to thinkcomp in this thread): giving up all your credentials including PIN/"passwo
by zhyder 16y ago
That doesn't solve the problem Cushman mentioned (and clarified several times to thinkcomp in this thread): giving up all your credentials including PIN/"password" to the merchant's hardware, and trusting the merchant and its hardware.
What's needed is a device you own and control directly communicate with the bank. Cushman suggested using one's smartphone, but I think the card itself could serve that purpose. The card has a display, a processor, and a keypad: everything except a data connection.
- bananaandapple 16y agoThat's just like a computer without even having the possibility to reinstall. Just imagine catching a trojan horse on the phone, stealing your credit card info. I prefer paying by PIN. The POS Terminal doesn't connect to the internet.