Good old chip and pin

[ASB]

No, not Proton, though the card can be used for that as well, as I'm not keen on the idea of putting real money on a piece of plastic after the first card I was issued went belly up and crashed every cashpoint I put it into.

I must admit I don't really see the need for electronic purse. I did a lot of work on it years ago in Portugal when SIBS (effectively the state controlled acquirer) would only certify software with EFT capability that also did PMB (electronic purse). The only time it ever got used was during certification since none of my customers would accept PMB.

I still have a card. The only way you could get a cup of tea or similar in SIBS offices was with one of these cards.

[Swamp Thing]

Just asked the payments peeps here. I'm told in some shops they use the chip if there is a higher incidence of fraud and they don't mind the extra delay. Have to say I've only noticed the one petrol station using it. Learn something everyday...

Fraud: it's a Fakta-life.
Sorry, I'm so bored right now it's hard not to be silly.

[Joe Black]

No, not Proton, though the card can be used for that as well, as I'm not keen on the idea of putting real money on a piece of plastic after the first card I was issued went belly up and crashed every cashpoint I put it into.

This is the one apparently:

[threaded]

No, definitely no taping over chips, or swiping. Card was pushed into machine, and then PIN entered. I used it at e.g. Fakta, Innovation, Matas. You can see I had a really exciting weekend

Just asked the payments peeps here. I'm told in some shops they use the chip if there is a higher incidence of fraud and they don't mind the extra delay. Have to say I've only noticed the one petrol station using it. Learn something everyday...

[ASB]

Are you sure you don't mean Swipe and PIN? The cards have a chip in them but it is not used. The Chip hole being taped over and people just swiping.

I do know of a petrol station that uses the chip, but you have to hand the card over and they use a non-standard reader. IIRC they're a Shell.

It could well be Proton. This is the low value electronic purse system which is used (quite widely in Europe) for comparatively low value rapid transactions.

[Swamp Thing]

No, definitely no taping over chips, or swiping. Card was pushed into machine, and then PIN entered. I used it at e.g. Fakta, Innovation, Matas. You can see I had a really exciting weekend

[threaded]

Maybe the Danes should take a day trip to sunny Belgie, as one of the newagents I sometimes buy my fags and paper in - I say sometimes cause it's nearly €4 a pop for the Times - seems to have a new machine where I can pay with a debit card/pin in all of two secs.

Really? I was using Chip & PIN all over South Jutland last week, and that area is arguably more backward than Sjaelland.

Are you sure you don't mean Swipe and PIN? The cards have a chip in them but it is not used. The Chip hole being taped over and people just swiping.

I do know of a petrol station that uses the chip, but you have to hand the card over and they use a non-standard reader. IIRC they're a Shell.

[ASB]

They gave up on Chip and PIN in Denmark as it takes the machines about 20 seconds longer to do a transaction, which slows the tills down too much.

Presumably they still have the EMV acquiring rules though so the risk is more firmly placed on the retailer.

The main reason for the slowness will be because EMV calls for positive authorisation of all transaction, so it need to go on line all the time rather than just for things which are out of profile. I fail to see how going back to signature will have improved things unless the daes are particularly slow at entering a number or they have gone back to the pre EMV rule set.

Terminal design is also a major consideration in the UK. The resolution of instore security cameras is quite afequate to pick out the digits you enter for a pin when you are entering one. Oops.

[Swamp Thing]

They gave up on Chip and PIN in Denmark as it takes the machines about 20 seconds longer to do a transaction, which slows the tills down too much.

Really? I was using Chip & PIN all over South Jutland last week, and that area is arguably more backward than Sjaelland.

[Joe Black]

Maybe the Danes should take a day trip to sunny Belgie, as one of the newagents I sometimes buy my fags and paper in - I say sometimes cause it's nearly €4 a pop for the Times - seems to have a new machine where I can pay with a debit card/pin in all of two secs.

[threaded]

They gave up on Chip and PIN in Denmark as it takes the machines about 20 seconds longer to do a transaction, which slows the tills down too much.

[TheMonkey]

It's bound to be insecure. Mainly because someone looks over your shoulder, clocks you one and runs off with your card. By the time you've called the fuzz and the card company your account has been jackpotted.

[Mailman]

Chip and Pin is still far more secure than what you backwards bastards had before!

Mind you, nothing is going to stop a determined criminal is it!

Mailman

[DimPrawn]

Safety in numbers.

Well, works for asylum seekers.

[VectraMan]

http://news.bbc.co.uk/1/hi/england/4980190.stm

It's the very device that's meant to make things more secure that's been used for the fraud. Makes me laugh.