|Thursday, October 1, 2020
You are here: Home » Columnists » Letters to the Editor » What happened to chip and pin?
  • Follow Us!

What happened to chip and pin? 

Dear Editor

What has happened to all the security around the “Chip and Pin” system with cheque cards?

I know a lot of people who are concerned that the payment process seems to have reverted to swipe only. I am not sure what the reasoning is behind this but isn’t it dodgy?

I thought chip and pin had been introduced as a safety check ie you had to punch in your code number to allow the transaction to go through.

At one stage, in some supermarkets, you had to do this and show you passport or some sort of identification at the same time.

I know of several garages and restaurants which now just take your card and swipe it or simply hold it over an automaic recogniser. No pin number needed, signature or identification.

This means that if you dropped you card, someone could pick it up and use it for a few times until you realised you had lost it and reported it to the police and had it cancelled.

I think there may be a limit on some of the transactions but I do think it is a retrograde step.

A.W. Los Cristianos