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Bank Card Readers - all the same?
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# 1
mooch
Old 04-12-2010, 1:30 PM
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Default Bank Card Readers - all the same?

I've amassed quite a collection of these bank card readers but have only just discovered today that you can use some (or is it all?) bank cards in any reader.

Thought it might be useful info to anyone else like me who has lost a reader or just doesn't want to be messing around with lots of them.
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# 2
Loughton Monkey
Old 04-12-2010, 4:47 PM
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Interesting.

I have a Barclays one. THought I'd try other cards in it:

First Direct: Fine
Lloyds: Fine
Halifax: Fine
Santander: "This Card is Not Valid".

Intelligent reader wouldn't you say?
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# 3
jimjames
Old 04-12-2010, 4:55 PM
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Quote:
Originally Posted by Loughton Monkey View Post
Interesting.

I have a Barclays one. THought I'd try other cards in it:

First Direct: Fine
Lloyds: Fine
Halifax: Fine
Santander: "This Card is Not Valid".

Intelligent reader wouldn't you say?
Latest JD Power survey - Santander bottom of class for service for 3rd year running. Card reader must be wise to it!
Remember the saying: if it looks too good to be true it almost certainly is.
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# 4
novice-saver
Old 04-12-2010, 5:05 PM
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IMHO, the card readers may be a bit more subtle than that.

although the technology is shared by several of the banks (for instance a Natwest card is recognised by a Nationwide labelled reader) try authorising a transaction with the "wrong" reader.

or if you want a worry, google "optimised to fail" and read the (2meg) academic paper.
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# 5
Sceptic001
Old 04-12-2010, 5:19 PM
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Quote:
Originally Posted by Loughton Monkey View Post
Interesting.

I have a Barclays one. THought I'd try other cards in it:

First Direct: Fine
Lloyds: Fine
Halifax: Fine
Santander: "This Card is Not Valid".

Intelligent reader wouldn't you say?
Which Santander accounts use a card reader? I have never required one for a Santander current or savings account.
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# 6
Amba_Gambla
Old 04-12-2010, 5:26 PM
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Gah, these things are horrible. If my bank ever send me one, I'm closing the account and moving elsewhere
Only fools run rapids, say the Indians, but I know this:
as long as there are young men with the light of adventure in their eyes and a touch of wildness in their souls, rapids will be run"

Sigurd Olson
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# 7
G_M
Old 04-12-2010, 8:35 PM
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A very efficient extra security device.

Nat West, Tesco and Nationwide are interchangeable. Of course when putting another card in you need the appropriate PIN......
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# 8
I luv cats
Old 04-12-2010, 8:39 PM
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I have a Co Op card reader.

I thought they were personal to you as you have to put your PIN number in and didn't think your PIN was stored on your card.
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# 9
Loughton Monkey
Old 04-12-2010, 11:32 PM
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Quote:
Originally Posted by I luv cats View Post
I have a Co Op card reader.

I thought they were personal to you as you have to put your PIN number in and didn't think your PIN was stored on your card.
It has to be, because when you insert the card into a shop reader, only over a certain amount does it electronically go to the main computer for authorisation.
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# 10
Biggles
Old 05-12-2010, 9:52 AM
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Quote:
Originally Posted by novice-saver View Post
although the technology is shared by several of the banks (for instance a Natwest card is recognised by a Nationwide labelled reader) try authorising a transaction with the "wrong" reader.
It's not a problem authorising a Co-op payment with a Nationwide reader (or, indeed, authorising a Nationwide payment with someone else's NW reader).
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# 11
asc99c
Old 05-12-2010, 9:54 AM
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Quote:
Originally Posted by Loughton Monkey View Post
It has to be, because when you insert the card into a shop reader, only over a certain amount does it electronically go to the main computer for authorisation.
Also, when you enter your PIN, it is validated or rejected immediately, while the rest of the transaction tends to take a lot longer as it goes off to the bank.
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# 12
marvin
Old 05-12-2010, 10:18 AM
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This is an item that rather makes internet banking pointless as you need it and your card with you if you want to do anything. Can't see your average Iphone user having one too hand although Apple will probably build on in soon!

I have the NW with this and I have taken the strategy of having several of their card readers everywhere on in the car one at work etc. Good job the NW is mainly used for putting money in so others can steal it (Power co's, local council, insurence co's etc) so affects me little but if I want to move money it is a pain.

Good to know others work with others cards but why have them in the first place I think we need a student like protest against them.
I started with nothing and I am proud to say I still have most of it left.
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# 13
atypical
Old 05-12-2010, 1:32 PM
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Quote:
Originally Posted by I luv cats View Post
I have a Co Op card reader.

I thought they were personal to you as you have to put your PIN number in and didn't think your PIN was stored on your card.
Your PIN is stored on the chip on your card, hence 'chip and PIN'.

From the Co-Op FAQs:

"Q. I am led to believe that a chip-reader supplied by any bank or building society will work equally well. Could you confirm that this is the case?

Yes, it is possible to use other banks’ Card Readers."
"An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living." - Nicholas Chamfort
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# 14
alwaysmakingamess
Old 05-12-2010, 4:23 PM
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Hi,

In the UK, the PIN is stored on the card in an encrypted form. This allows the sales devices in shops etc to validate the card before dialling up the bank for monetary authorisation.
It works differently when the card is used in an ATM; the machine sends the encrypted PIN to the bank who then make the decision.

This is why you can change your PIN in a ATM but not a shop, as the bank can synchronise the PIN in the card with the master one at the bank.

Cheers

Darren
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