Well, I got my first EMV credit card today

[thewayne]

October 1 is the deadline for merchants to be switched over to the new readers in the USA, otherwise they can be liable for any theft that takes place. But what is utterly ridiculous is that THEY DID A HALF-ASSED IMPLEMENTATION OVER HERE. No, correct that, quarter-assed. They would have to improve their implementation to be half-assed. THEY DO NOT REQUIRE A PIN! So if someone lifts your wallet and you have an EMV card, they can spend their way to heaven until you cancel the card.

I am curious how European cards, which have PINs, will work over here. Likewise, I wonder how our PINless EMV cards would work in Europe.

Comments

[davesmusictank.livejournal.com]

Sounds damn crazy not having a PIN. We have them all the time on our cards.