I've used a magstripe a lot before getting a new card that uses a chip. But even when using a magstripe, I still had to input my pin. Just allowing the card to

I've used a magstripe a lot before getting a new card that uses a chip. But even when using a magstripe, I still had to input my pin. Just allowing the card to be used freely on it's own seems reckless, it means that if I drop my wallet, a thief could access not only the cash stored in that wallet, but all the money I have available on the card.