Trivial Grumblings

[JrHunter]

I missed a It's always sunny in Philadelphia pub quiz tonight T_T

[Danroush]

Do contactless payments involve typing your PIN on a machine or are they literally swipe and go? Because that seems pretty horrendous fraud wise, USA has tonnes of fraud issues due to no chip and PIN

[De Stijl]

Wave it in front of the machine and go.

[peypea]

I was told that there's a limit on how much you can spend in one transaction, something small like £20? But I honestly don't know

[Bisset]

I missed a It's always sunny in Philadelphia pub quiz tonight T_T

Jesus it's too early, I read that as "I missed a paedophilia pub quiz tonight"

[Jobdone]

I missed a It's always sunny in Philadelphia pub quiz tonight T_T

That sounds amazing.

"List the top three Science Btiches"

[Johnny Tightlips]

Do contactless payments involve typing your PIN on a machine or are they literally swipe and go? Because that seems pretty horrendous fraud wise, USA has tonnes of fraud issues due to no chip and PIN

As said before, wave and go. There is a limit of £20 per transaction, and you're also supposed to randomly be asked to input your PIN every few times to make sure its still you using the card. Having said that, between using it at the Post Office and Co-op next to my offices, I must have used it close to 100 times and not once have I been asked to input my PIN

[Applecore]

Had a good 9 hours of sleep last night but now I feel like I could quite happily go back to bed.

[Tet]

Because that seems pretty horrendous fraud wise, USA has tonnes of fraud issues due to no chip and PIN

The USA has higher card fraud than we do, but to blame that on a lack of chip and pin is stretching it a bit. There are many other factors that contribute to that. While it's true that chip and pin does reduce some types of fraud, the main benefit is that it shifts liability away from the banks. That's why it was introduced. It literally doesn't have a single benefit for the consumer, only downsides. That's why I refuse to have one.

Source: I was working in the credit card industry at the time C&P was introduced.

[Jobdone]

Haven't really looked into chip and pin, just kinda accepted it.

What are the downsides?

[Applecore]

Only one I can think of is forgetting your pin?

[CrappyMike]

The alternative at work is we need a signature, and I can assure you that's way less secure because as much as you can try to reinforce to people that its essential that the card is signed and the signatures match, a lot of staff won't check, or will allow payment when the card is not signed. I don't see any obvious downsides to chip and pin,it definitely doesnt make fraud any easier.

[thehairyone]

Because that seems pretty horrendous fraud wise, USA has tonnes of fraud issues due to no chip and PIN

The USA has higher card fraud than we do, but to blame that on a lack of chip and pin is stretching it a bit. There are many other factors that contribute to that. While it's true that chip and pin does reduce some types of fraud, the main benefit is that it shifts liability away from the banks. That's why it was introduced. It literally doesn't have a single benefit for the consumer, only downsides. That's why I refuse to have one.

Source: I was working in the credit card industry at the time C&P was introduced.

Upside: I am unable to sign, consistantly, the same thing time after time. After a couple of years getting refused because the signatures didn't match (not frequent, but it did happen) I now have no issue due to being chip and PIN.

Secondary upsides: Watching tourists try to remember their pin for the first time in years...

Trivial grumbling: Forgot to put the charger in with the stuff I sold on eBay

[Tet]

as much as you can try to reinforce to people that its essential that the card is signed and the signatures match, a lot of staff won't check, or will allow payment when the card is not signed.

Then the merchant is liable, and deservedly so. Signatures are there for authentication purposes and if they haven't trained their staff well enough to understand that, then I have no sympathy.

I wish more people understood non-repudiation. With chip and PIN, if a retailer claims I've made a payment, I have literally no way to challenge that. Further, the bank will side with the merchant. After all, "but a valid PIN was entered" is hard to argue with. Despite the fact that there are several attacks that make it possible for someone to do so. With a signature, I can ask the bank to compare the signature from the transaction with the copy of my signature that they have on file. Unless someone is extremely skilled at forging a signature, that's almost always sufficient to have the transaction reversed.

[peypea]

It's not snowing. I don't want to go to work tomorrow.