Chip n sPIN (Discussion Area)

James

Chip & PIN the Pros & Cons:

http://www.chipandspin.co.uk/

realaledrinker

Obviously an entirely objective source of information!

James

Real Ale Drinker,

Which part of the Chip and sPIN website are you questioning?

peter_the_piper

Being on the receiving end of credit/debit cards, anything which reduces the chance of my not being paid for goods supplied is a definate plus. It sometimes helps to look at something from the other persons perspective.
Peter
P.S. We don't take c.n.p so further reducing the chance of fraud.

PinkPig

I don't remotely understand the sudden hatred of the chip and PIN system. Anyone who's worked in a shop will immediately know that anything will be more secure than a signature system - PIN numbers really do work, and I think that plenty of people should stop being so stubborn about disliking them for no legitimate reason at all. That website is paranoid nonsense, in my humble opinion.

James

"I don't remotely understand the sudden hatred of the chip and PIN."

Personal safety.

Liability Shift.

Increased in debt levels.

Lopo

PinkPig wrote:

I don't remotely understand the sudden hatred of the chip and PIN system. Anyone who's worked in a shop will immediately know that anything will be more secure than a signature system - PIN numbers really do work, and I think that plenty of people should stop being so stubborn about disliking them for no legitimate reason at all. That website is paranoid nonsense, in my humble opinion.

Actually....it is easier to know when a fraudster is blatently trying to forge a signature when signing for goods. There are way too many tell-tale human body language give-away signs and it is easier to catch people out this way and reap the rewards of their feeble attempts too.

Big disadvantage is with chip and pin, they do not need to really physically hand over the card, and there is no decent opportunity to eyeball the condition or details of the physical card as a result. Customers simply do refuse, of course at that point they dont get the goods either!!

Chip and pin does retailers and users little real benefit. A combination of both pin and signature would be really good and go a long way to deter fraudulent use.

realaledrinker

realaledrinker wrote:

Obviously an entirely objective source of information!

James wrote:

Real Ale Drinker,

Which part of the Chip and sPIN website are you questioning?

Chip_n_Spin_Wensite wrote:

The purpose of this site is not to provide totally balanced comment

That bit!

Admittedly there is lots of food for thought there but the research is a couple of years old & the academics have flagged up their concerns to the banks a year or so ago.

aeron26

The marketing departments of the 'I <heart> Chip & Pin' websites could be accused of being completely biased too though, couldn't they?

Or do you trust the banking industry to look after you, rather than the people at the top of it?

As the police know, any crack-down on criminal activity just displaces it, i.e. moves it somewhere else, rather than eradicates it or solves it at its roots.

So fraud has now moved online, where neither a signature nor a pin number nor a card reader exist.

woohoo_postingid

I don't think it's Chip + Pin that people dislike. It is more the fact that people (in general) are scared of change. Human nature is a strange thing and when something new comes along, people moan for a while and then forget about it.
Some examples:
Pounds, shillings and pence - No-one cares any more.
Marathon = Snickers - Did anyone actually stop buying it?
Ring pulls on drink cans - Does anyone even think about the old ones any more?

Personally I think Chip + Pin is much better than signing. I no longer have to give my credit card to a waiter in a restaurant for him to disappear with and do God knows what to it. No more trying to get a biro to work on thermal receipt paper. No-one can forge my signature.

In a years time, no-one will even remember signing for a purchase!!

gizmoleeds

I think chip and pin is stupid. Not because I am scared of change but because I think it makes little sense.

The Americans have a much better alternative to Chip and Pin - thay are allowed to write "CHECK ID" on the signature strip. When they do this, the cashier then checks some form of official photo ID (usually a drivers licence) which will be handed over with the card.

Just think for a minute about how much more secure this system is than Chip and Pin and how much cheaper it would be to implement (or putting photos of the cardholder on the card like RBS have been doing for the last decade) and you wonder what idiots are running the UK card services.

woohoo_postingid wrote:

Ring pulls on drink cans - Does anyone even think about the old ones any more?

I'm 18 so forgive me when I ask, what did you have before?