I believe there are two PINs, an online PIN which is at the bank and can be verified for online transactions and an offline PIN which is on the chip and can be used for small value offline transactions. The goal is to keep the two in synch and this is done during the next online transaction.
I'm not an expert on this but I believe a lot of the functionality depends on the actual application on the chip. There can be more than one application on the same chip so that the card can be both a debit card and a credit card. They do this a lot in Europe. > Date: Thu, 7 Jan 2010 19:29:56 -0400 > From: [email protected] > Subject: OT smart cards was Re: Korean bank Moves back to Mainframes (...no, > not back) > To: [email protected] > > Is the PIN on the card or is it at the bank where they assigned the > one you already had on the debit card to it? _________________________________________________________________ Your E-mail and More On-the-Go. Get Windows Live Hotmail Free. http://clk.atdmt.com/GBL/go/196390709/direct/01/ ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
