Chip 'n' Pin - A Quick Guide Discussion Area

teddybear22

hi thanks for the info... very much appreciated

bubbles0169

not strictly chip n pin but didnt want to start a new thread....
how long does it take from applying to receiving the card and pin through the post considering the bank hol?
i want a new carpet in the sale which ends tuesday but dont have all the funds till the end of next month!

marleyboy

Bank fury at student’s ‘chip and cheat’ credit card

Daily Mirror 29/12/2010

A WHIZKID university student claims to have invented a device to beat the chip and PIN system. Omar Choudary’s £20 gadget enables credit cards to work without entering the correct number.

Now worried bank chiefs are trying to stop him publishing his research online, claiming it is “irresponsible”.

But Cambridge professor Ross Anderson yesterday defended his star pupil.
He said: “This is unacceptable. It’s just a nasty attempt at censorship.”

http://www.mirror.co.uk/news/top-stories/2010/12/29/bank-fury-at-student-s-chip-and-cheat-credit-card-115875-22812815/#ixzz19bWYCK7q

INT1

Utter tosh!

Won't hold my breath then until his research is publicised!

Clay_Douglass

Sarahsaver wrote: »

I lived in France for a year in 1991, they had this system already. Again this country lagging behind. It makes perfect sense and im delighted to see it here at last ;D

It is a good thing to have, that is for sure, though France had it early because their phone lines were unreliable and they needed a local confirmation tool.

Clay Douglass

Clay_Douglass

INT1 wrote: »

Australia at last is in the process of rolling out chip & PIN

Go Oz

Clay Douglass

Clay_Douglass

INT1 wrote: »

Not good, I would give them all the cards and PINs if violence was threatened...

What a n0b too getting all the alcohol delivered to his house?!

Blame the drugs and alcohol I guess.

I would give up the PIN, too, though it probably would not have mattered with people that brutal.

Clay Douglass

kardav

Recently visited local pub for meal and when the bill came there were some items missing. Didn't draw attention to this as the service was pretty awful. Paid on my credit card and when statement arrived a couple of weeks later found that they had deducted the cost of the missing items without my authorisation. When I challenged them they told me that it is their right to do this without the card holder being present. Was horrified to hear this, what is the point of chip and pin if funds can be deducted without the presence of the card holder. As a goodwill gesture they refunded the money BUT I was not happy. Anyone else had the same experience ???:(

BoD

Having worked in retail for 13 years and in IT for retails for 8 I can categoretically state that card fraud has dropped off dramatically thanks to chip and pin.

Signatures were just too easy. Crooks would grab a card, master the signature, do a tour of the M25 retail outlets spending less than £50 per transaction so as not to exceed the floor limit and in one day rake in £2k of products.

That was a regular occurence in all of retail.

That does not happen anymore.

INT1

Agree with above post, unfortuntely this now pushes the trend to complete different types of fraud.

You may also be interested to know that a lot of foreign cards (cards issued by overseas banks) are being compromised and then used over here in the UK. These cards tend to be from countries that do not issue chip enabled cards and their banks sytems do not find the cross border transactions as out of character as the mag stripe on the back of the card would be read anyway.

Over here in the UK, most banks have turned off fall back. Fallback is basically when the card is used at the till, the till expects to read the chip but can't and fallback to mag stripe. The UK banks systems will then question why is the chip being read. Most banks have turned this off and will decline fallback transactions. This cuts out the use of counterfeit cards.