Pin and chip cards have a PIN (Personal Identification Number) uncoded
into an electronic chip which is integral to the card. All credit and
debit cards in UK will have then by next year and instead of signing
the receipt/counterfoil you are required to tap in the PIN. Won't
apply to telephone/mail order but could affect anyone visiting from
overseas who has a card which doesn't have pin and chip. Presumably
you will have to get cash from an ATM, so you will still need to know
the PIN. The PIN on my new debit card (valid from 01/12) is the same
as number as I've always used to get cash from the ATM.
Brenda
On Nov 30, 2004, at 12:25 am, Janice Blair wrote:
I am familiar with pin numbers from my bank card, don't have one for
my visa card, but what is "pin & chip"?� If this is too unrelated to
lace now transfer to Chat, but most of us need to use plastic to buy
our lace supplies these days.
Janice
Brenda Paternoster <[EMAIL PROTECTED]> wrote:
At the last lace day I went to Tim Parker was saying that that's likely
to change from next year when pin & chip applies to all cards because
the traders will need to invest in pin and chip readers, and many of
the smaller businesses (of the type that attend lace days, craft fairs
etc) will find it uneconomic to do so.
�
Janice Blair
Crystal Lake, 50 miles northwest of Chicago, Illinois, USA
Brenda
http://www.argonet.co.uk/users/paternoster/
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