Monday, June 05, 2006

UK: Millions at risk from chip and PIN

Two days after a poll revealed that 76% of users think Pay by Touch is more secure and reliable than Chip and PIN, comes this report by "This is Money": Millions at risk from chip and Pin

A spokesman for the Association for Payment Clearing Services, which speaks for the banks on plastic cards, admitted yesterday: "Chip and PIN security is fallible."

Look at the similiarity in the logos. The only difference is that I know the Chip and PIN user is entering a "2" wheras I don't know what the PBT user is entering...

Pay By Touch

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Scottsdale, Arizona, United States