3 ms·
In Germany most of the banks use ChipTAN [1] for online banking. With that scheme it's impossible to make any transaction without having physical access to the
by oevi 12y ago
In Germany most of the banks use ChipTAN [1] for online banking. With that scheme it's impossible to make any transaction without having physical access to the card.
[1] http://en.wikipedia.org/wiki/Transaction_authentication_number#chipTAN_.2F_cardTAN http://en.wikipedia.org/wiki/Transaction_authentication_numb...
- tomp 12y agoI really hate that. It means that I have to carry another wallet-sized thing around with me just to buy stuff online. Thankfully, my bank uses a password-based authentication system, so I can carry everything I need in my mind.
- TillE 12y agoI prefer the good old paper sheet of TANs, which at least DKB still uses. I had that exact pictured chipTAN reader; the display failed after about a year, and it was incredible hassle to get a new one activated with the Berliner Volksbank. It wasn't very good at reading the flashing barcode either, usually took a few tries. It's a good idea, certainly, just a partly lousy implementation. Some banks will offer the option of sending you a TAN via SMS instead (so your phone is the "something you have"), but usually for a fee.