 Chip and pin? |
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 Mar 8 2005, 02:23 PM
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#1
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 Member  Group: Members Posts: 5,259 Joined: 18-March 03 From: Cheltenham, Gloucestershire Member No.: 3,585  |
Credit card fraud up 20% - Banks are saying it would be higher without chip and pin. I always said it was stupid - what do you think??
--------------------  fishing is nature's medical prescription |
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Mar 8 2005, 02:23 PM
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Mar 8 2005, 03:28 PM
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#2
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 Member Group: Members Posts: 6,084 Joined: 6-January 05 From: Tycroes Member No.: 5,982 |
Don't use credit cards, they will have to fight hard to get the money out of my pocket.
I do have the old fashion cheque card and book, no charges, no electronic wizardry. -------------------- I fish, I catches a few, I lose a few, BUT I enjoys. NFSA PM
 2008 list: Bass, Flounder, Codling, Whiting, Five Bearded Rockling http://www.petalsgardencenter.com |
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Mar 8 2005, 05:14 PM
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#3
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Member Group: Members Posts: 187 Joined: 11-November 04 From: Bucks/Oxon Member No.: 5,740 |
20% fraud is largly down to thieving posties, (according to the radio this morning), getting hold of pins and cards from the post.
Apparently the fraudsters are using the baulk issue of chip n pin cards as a last "window of opportunity" Jeff -------------------- Big Jeff, not working again
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Mar 8 2005, 05:18 PM
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#4
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 Administrator Group: Admin Posts: 24,388 Joined: 19-January 00 From: Grundisburgh, Suffolk Member No.: 2 |
Won't bother the credit card companies. It's the consumers and retailers who bear the brunt of it all :mad:
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