3 ms·
Debit cards are quite secure, at least here, but we're many years ahead of the US when it comes to credit/debit cards. The magnetic strip is never used(haven't
by NightlyDev 8y ago
Debit cards are quite secure, at least here, but we're many years ahead of the US when it comes to credit/debit cards.
The magnetic strip is never used(haven't been used the last 10 years, at least), a PIN is always required at PoS and for many issuers an electronic multistep authentication process is required to order anything online with the card.
And if something still where to go wrong then you'll get your money back.
- Johnny555 8y agoAnd if something still where to go wrong then you'll get your money back. Well... most of the time, unless the bank claims it was your fault because chip-and-pin is infallible... then you have to fight the bank for your money. https://www.thisismoney.co.uk/money/saving/article-2215223/Victim-chip-pin-fraud-Its-YOUR-fault-insist-banks.html https://www.thisismoney.co.uk/money/saving/article-2215223/V...
- graeme 8y agoInteresting. Had atm fraud in brazil from my canadian chip and pin card. No issue getting the money back.