So I’ve just started to see the adverts on TV. Chip & PIN is making it’s way into the UK.
At the point of sale we simply tap in our 4 digit code for authentication. Great! Seldom does a shop assistant say “sorry, you’re signature does not match that on the card” & that’s even if they’ve bothered to look (I don’t think petrol station attendants even know what a signature is).
Somebody said to me that a mugger could just watch you type in your PIN, steal your card & use it. True, but they can do that now anyway & take your money from a cash point.
What I’m worried about is, are places like Sainsbury’s still going to make me put that STUPID initial on my cash-back (something that’s never been explained to me).
About time seeing as New Zealand, Australia & a great deal of Europe have been doing it for years. Apparently there are more than eight million in use today, but I have yet to witness this in any shops in London.
Come on bank, send me my new card!