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As I said, ATMs and doing shopping at WalMart are completely different things. When you are shopping your card is used through Visa/Mastercard network. When y
by lmilcin 6y ago
As I said, ATMs and doing shopping at WalMart are completely different things.
When you are shopping your card is used through Visa/Mastercard network.
When you are at ATM your card is used in a completely separate way, basically functioning as an identifier. The same way you can use phone number to log in to your google account even though it was not originally meant for it.
Also you mix debit/credit thing with other stuff. Debit and credit cards authorize the same way. The difference is how the transactions are processed at your bank, but this has nothing to do with whether the transaction is pin or signature.
- m463 6y agoYes, and a pin is required for an ATM in the US. The only time a pin is NOT required is if it goes through visa/mc. And you have protections. Please read this: https://www.daveramsey.com/blog/debit-card-fraud https://www.daveramsey.com/blog/debit-card-fraud The truth is this: Merchants WANT you to be able to use your card - without thinking, with little friction and often. They make lots more money with this state of affairs than fraud takes away.