A chip and PIN card is a credit card that includes microchip technology and a personal identification number (PIN) to securely verify a cardholder during a transaction. The embedded microchip is ...
The chip and PIN credit card revolution is well under way in the United States, and the change is leaving many consumers wondering, "What's the big deal?" The truth is, this new chip and PIN ...
Chip without pin protects the merchant and the bank, because the card data can't be intercepted or stolen at the POS. Each transaction generates a unique code. Chip with pin protects YOU because then ...
One thing worth noting is that Chip cards do not always require a PIN. There are "Chip and Signature" cards and "Chip and PIN" cards. Virtually all chip cards outside the US are the Chip and PIN ...
Online bank Intelligent Finance (IF) is closing down a credit card used by 70,000 customers because it is too expensive to upgrade the infrastructure to cope with chip and PIN. Customers using the ...