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In the UK this is called Chip and PIN. https://en.wikipedia.org/wiki/Chip_and_PIN https://en.wikipedia.org/wiki/Chip_and_PIN
by Jabbles 14y ago
In the UK this is called Chip and PIN.
https://en.wikipedia.org/wiki/Chip_and_PIN https://en.wikipedia.org/wiki/Chip_and_PIN
- JonnieCache 14y agoGuess what? It's broken as hell ;) http://www.cl.cam.ac.uk/~sjm217/papers/oakland10chipbroken.pdf http://www.cl.cam.ac.uk/~sjm217/papers/oakland10chipbroken.p...
- kyrias 14y agoIs it really more broken than just having to sign?
- JonnieCache 14y agoFair point, "as hell" was unwarranted. I mainly just wanted to post that PDF tbh.
- Nursie 14y agoIt's not that broken. It's still not trivial to clone them like swipe cards. The thrust of that paper is that using special equipment it's possible to use a genuine stolen card to do a non-PIN transaction, and that banks will often claim that PIN was used in a card-present transaction in order to avoid refunding money. In the UK at least, and with a credit card, the bank is legally bound to return the money pending investigation, regardless of the circumstance. (I agree this doesn't help with the BTC situation because chargeback is still a possibility)
- Colliwinks 14y agoAnd I'm amazed that this hasn't caught on in the US yet. Last time I vistited, I was horrified when they swiped the magnetic strip and asked me to sign for it - felt like I'd jumped back in time.
- free652 14y agoBy 2014-2015 all of the cards should be Chip & Pin in USA.
- nadinengland 14y agoAfter I got back from my last visit to the states I kept handing my card to the staff when I was paying. They usually looked funny at me and put it in the machine rather awkwardly.