If like me you have fun trying to recall the seventeen different PIN numbers you have, and so now only use a single card for everything, while the others gather dust and interest charges, you might like to know one of the reasons why signature verification was phased out for most things.
I’m not going to pretend that the UK didn’t have far more motivated signature checkers than the US guys encountered by our new hero, but it was still pretty poor.
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Why do we have Chip & Pin?
If like me you have fun trying to recall the seventeen different PIN numbers you have, and so now only use a single card for everything, while the others gather dust and interest charges, you might like to know one of the reasons why signature verification was phased out for most things.
I’m not going to pretend that the UK didn’t have far more motivated signature checkers than the US guys encountered by our new hero, but it was still pretty poor.
http://www.zug.com/pranks/credit/index.html gives a humorous reminder of what you could get up to, before V day 2005. Meanwhile, http://www.zug.com/pranks/credit_card/index.html is simply mind-blowing!
This entry was posted on Tuesday, July 24th, 2007 at 3:21 pm and is filed under Commentary, Crime. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.