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Old 25.09.2009, 17:02
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Re: List of Credit cards and their chip and pin status

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It would be if the card required both the pin and the signature but they only require the signature. And it would also need the signature to be checked.
Recently, we had a EF participant moaning about stolen card, stolen pin and account emptied several thousand francs.

Now if signature were required:
  • The thief would hesitate and be nervous to use such a card.
  • The shop becomes negligent for not verifying signature. Shop would be liable to compensate such misuse.
So I like the idea of belt-and-braces, PIN-and-signature (at least for non trivial amounts).
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