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Post by kels99 on Nov 10, 2016 14:26:55 GMT
Seriously, I don't understand this. My wallet was stolen last week and in cancelling everything, I forgot I had my Girl Scout troop debit card in there. By the time I remembered, it had been used for over $600. Ugh!
What is the point of having a PIN to if it's not even needed?
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Post by myshelly on Nov 10, 2016 14:29:40 GMT
I don't know.
But I have to say, I have never once in my life used or needed my PIN. I don't even know what it is.
So I personally like the option.
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Why
Drama Llama
Posts: 6,138 
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Post by Why on Nov 10, 2016 14:31:03 GMT
Was it used online? I never have to provide a PIN when I use my debit card online.
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Deleted
Posts: 0
May 17, 2024 10:12:57 GMT
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Post by Deleted on Nov 10, 2016 14:38:29 GMT
If you use the PIN, it's processed as debit. If you don't use the PIN, it's processed as credit (though obviously not *actually* credit, since the money I still coming from your checking account). Processing as credit gives you the zero liability (and other) protections that you get from Visa/MC. Debit transactions don't have the same protections.
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Post by compwalla on Nov 10, 2016 14:40:37 GMT
Seriously, I don't understand this. My wallet was stolen last week and in cancelling everything, I forgot I had my Girl Scout troop debit card in there. By the time I remembered, it had been used for over $600. Ugh! What is the point of having a PIN to if it's not even needed? And.....now you know the reasoning behind chip and PIN cards. You can't use the card as credit OR debit unless you have the physical card with the chip and you enter the PIN. Signing for purchases is just about the most insecure way to use plastic money ever. So many people out there are whiny little fucks because chip & PIN takes an entire two seconds longer than signing. But how much time does it take to untangle the mess made when your card is compromised? |
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Post by myshelly on Nov 10, 2016 14:42:13 GMT
Seriously, I don't understand this. My wallet was stolen last week and in cancelling everything, I forgot I had my Girl Scout troop debit card in there. By the time I remembered, it had been used for over $600. Ugh! What is the point of having a PIN to if it's not even needed? And.....now you know the reasoning behind chip and PIN cards. You can't use the card as credit OR debit unless you have the physical card with the chip and you enter the PIN. Signing for purchases is just about the most insecure way to use plastic money ever. So many people out there are whiny little fucks because chip & PIN takes an entire two seconds longer than signing. But how much time does it take to untangle the mess made when your card is compromised? My card has a chip. I can insert it into the chip reader and use it without my PIN. You can still select the credit option even with chip cards. |
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Post by sawwhet on Nov 10, 2016 14:45:31 GMT
Seriously, I don't understand this. My wallet was stolen last week and in cancelling everything, I forgot I had my Girl Scout troop debit card in there. By the time I remembered, it had been used for over $600. Ugh! What is the point of having a PIN to if it's not even needed? And.....now you know the reasoning behind chip and PIN cards. You can't use the card as credit OR debit unless you have the physical card with the chip and you enter the PIN. Signing for purchases is just about the most insecure way to use plastic money ever. So many people out there are whiny little fucks because chip & PIN takes an entire two seconds longer than signing. But how much time does it take to untangle the mess made when your card is compromised? You can use it online without a PIN. You can tap and go up to $100 (in Canada) with no PIN. |
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Post by anxiousmom on Nov 10, 2016 14:48:52 GMT
My new debit/credit card has a chip, but I have found a lot of places that I use it don't have chip readers and I still have to swipe, choose the debit or credit option and if choosing debit, key in my PIN number. But if I choose to use it as the credit option, it is just then processed as a credit, no pin or signature required.
My credit card is the same. Swiped and processed as a credit and that is all.
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Post by kels99 on Nov 10, 2016 15:01:54 GMT
Was it used online? I never have to provide a PIN when I use my debit card online. Nope. $100ish at Panera Bread, $200ish at Walmart, and $300ish at JCP before the bank realized that it wasn't me using and started declining the transactions. |
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Post by JustKim on Nov 10, 2016 15:03:18 GMT
What happened to having to show ID for purchases? It rarely happens anymore but I always thank them when they ask. I know this wont work for online stuff. Why not have a PIN for all credit transactions too?
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Post by Rachel on Nov 10, 2016 15:47:46 GMT
I was just wondering this exact same thing as my boss had her purse stolen last weekend and she's been dealing with the same thing.
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Peamac
Pearl Clutcher
Refupea # 418
Posts: 4,218
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Post by Peamac on Nov 10, 2016 16:58:03 GMT
I've wondered that, too. I was surprised when I started using my new chip card that not all chip readers required a pin. I thought that was the point- extra security. When we lived in Fayetteville NC about ten years ago, it was fairly common for cashiers to ask to see your id (but not all the time). I don't remember when the last time was that I was asked for id except at the post office when using anything other than cash.
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Deleted
Posts: 0
May 17, 2024 10:12:57 GMT
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Post by Deleted on Nov 10, 2016 17:27:26 GMT
I've wondered that, too. I was surprised when I started using my new chip card that not all chip readers required a pin. I thought that was the point- extra security. When we lived in Fayetteville NC about ten years ago, it was fairly common for cashiers to ask to see your id (but not all the time). I don't remember when the last time was that I was asked for id except at the post office when using anything other than cash. Chip + PIN will be the next wave. That's the standard in most of the rest of the world but it was hard enough to get just chip going here. Just chip is significantly more secure than magnetic stripes, but chip + PIN is better yet. |
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Post by katlady on Nov 10, 2016 17:37:37 GMT
I have three credit cards with chips on them and the only one that has a PIN is the Target card. Since I only go to Target about once a month, I am always afraid I am going to forget the Target PIN and have to be embarrassed and put my stuff back.  |
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Post by 950nancy on Nov 10, 2016 17:40:47 GMT
Was it used online? I never have to provide a PIN when I use my debit card online. Nope. $100ish at Panera Bread, $200ish at Walmart, and $300ish at JCP before the bank realized that it wasn't me using and started declining the transactions. Damn! That's a lot of bread! |
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Post by anniefb on Nov 10, 2016 17:44:03 GMT
My card has a chip. I can insert it into the chip reader and use it without my PIN. You can still select the credit option even with chip cards. That's not how it works in New Zealand. You can't use the card without the PIN at all - and that applies to debit and credit cards. ETA there is an exception for contactless payments - when you hold the card near the terminal rather than inserting or swiping it - but it only works for transactions up to NZ$80 - anything above that you also need to enter the PIN. |
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Post by myshelly on Nov 10, 2016 17:58:49 GMT
My card has a chip. I can insert it into the chip reader and use it without my PIN. You can still select the credit option even with chip cards. That's not how it works in New Zealand. You can't use the card without the PIN at all - and that applies to debit and credit cards. ETA there is an exception for contactless payments - when you hold the card near the terminal rather than inserting or swiping it - but it only works for transactions up to NZ$80 - anything above that you also need to enter the PIN. Yea, I know other countries you have to have a PIN. Here some terminals (such as WM) you insert the chip And it asks you if you want cash back Select no It prompts for PIN But in the bottom corner of that screen there is a button that says other You click other and you get the options Use PIN Sign for purchase Click sign for purchase and no pin needed At gas station pumps There is a button that says Pay outside credit Pay outside debit You select credit and it doesn't ask for your pin At other terminals (like Michael's, Hobby Lobby, most stores actually) You insert your chip It prompts for PIN You press a green circle button It completed transaction as credit without PIN and you sign |
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Post by kels99 on Nov 10, 2016 17:58:52 GMT
Nope. $100ish at Panera Bread, $200ish at Walmart, and $300ish at JCP before the bank realized that it wasn't me using and started declining the transactions. Damn! That's a lot of bread! No kidding!! |
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Post by myshelly on Nov 10, 2016 17:59:04 GMT
My card has a chip. I can insert it into the chip reader and use it without my PIN. You can still select the credit option even with chip cards. That's not how it works in New Zealand. You can't use the card without the PIN at all - and that applies to debit and credit cards. ETA there is an exception for contactless payments - when you hold the card near the terminal rather than inserting or swiping it - but it only works for transactions up to NZ$80 - anything above that you also need to enter the PIN. Yea, I know other countries you have to have a PIN. Here some terminals (such as WM) you insert the chip And it asks you if you want cash back Select no It prompts for PIN But in the bottom corner of that screen there is a button that says other You click other and you get the options Use PIN Sign for purchase Click sign for purchase and no pin needed At gas station pumps There is a button that says Pay outside credit Pay outside debit You select credit and it doesn't ask for your pin At other terminals (like Michael's, Hobby Lobby, most stores actually) You insert your chip It prompts for PIN You press a green circle button It completed transaction as credit without PIN and you sign |
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aussiek
New Member
Posts: 7
Location: Sydney, Australia
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Post by aussiek on Nov 10, 2016 19:36:49 GMT
Wow. Here in Australia, for anything over $100 you have to enter the pin!
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