I was listening to Moneybox Live this afternoon, and Sandra Quinn of APACS was asked whether it was possible to get a Chip & Sig card which would nevertheless still contain a PIN and work in an ATM. She said that this was the case. I'd got the impression from recent postings here that this might be impossible. Any comments welcome.
Matti
In message , Matti Lamprhey writes
Its exactly the same as you have now.
Without a hint of irony, "Matti Lamprhey" astounded uk.finance on 31 Jan 2005 by announcing:
Yeah. Like every post I've made on the subject.
Without a hint of irony, john boyle astounded uk.finance on 31 Jan 2005 by announcing:
No, it isn't.
Without a hint of irony, Alex astounded uk.finance on 31 Jan 2005 by announcing:
Perhaps I'll elaborate. It's similar, but not exactly the same. The 'way it works now' (by which I'm assuming you mean with a non-chip card) is that you put your card in, enter your PIN which is encrypted and used for authentication. The way it works with an EMV card is that you enter your card, the ATM asks the card what Cardholder Verification Methods it supports, if the card supports the same verification method as the ATM then this is used to authorise the ATM transaction.
For regular transactions in the UK, the usual acceptable CVMs are currently Offline PIN (PIN sent only to the card for verification) and Signature. For ATMs it is Online PIN (PIN encrypted and sent online to the card issuer for verification).
In message , Alex writes
I take your point. What I meant was that most ATMs will still be using the mag strip for data, not the Chip.
Are you sure? The Chip and PIN instructions state that a) You can use an ATM to change your PIN, and b) If the PIN is 'locked' you have to use an ATM to unlock it. Both of these suggest that the ATM is accessing the chip.
But it would appear some don't, I called at an Alliance & Leicester ATM outside a Post Office today hoping to change the PIN of my Tesco Mastercard but I was only offered the option of Withdrawl, at a nearby HSBC ATM I was sucessful.
I think you can tell if the ATM you are using is accessing the chip or not as when you insert your card it usually takes a little lomger to read the card before it asks for a PIN if it is accessing the chip, on a card with no chip it askes for the PIN with a second of insterting your card.
Landru.
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