Credit Cards/Chip and Pin/ATM withdrawls

Bitstring , from the wonderful person Alex said

Because the on-chip programming says 'I don't have a PIN'.

At 17:15:26 on 16/12/2005, GSV Three Minds in a Can delighted uk.finance by announcing:

Wrong. The on-chip programming says "I will accept a signature for this transaction." And that programming can be easily changed by the card issuer whenever the card goes online.

So why did the so and so's send me out new cards when agreeing that I was too stupid to use my chip and PIN cards?

That is so annoying. I am never quite sure how to destroy old credit cards and this gave me another handfull to maximally demote.

Putting them on a toasting fork in front of the fire makes them go all soft and floppy (pay attention, no, we are talking about old creidt cards ;) ) - so the numbers all go flat, meaning the cards can't be put in an imprint machine.

As the heat increases, the chip presumably dies. I would imagine somewhere between raw bread and lightly brown toast.

Further heating takes the mag strip to the Curie Point - which will then loose that stored information. We are definately talking crumpet by now..

Finally, it gets to pork crackling temperature, at which point the signature self-erases. You could call it a Total-isatation, or is it Toastalising?

I suppose I could just cut it in half and put the bits in the bin - but toasting them is more fun..

At 18:17:18 on 16/12/2005, Palindr?me delighted uk.finance by announcing:

They probably haven't set their systems up to enable them to do it.

or (2) have the magstripe copied, which can be done without you noticing.

Yes, and I have read it a number of times since it was written. It has been referred to many times in this group over the years.

Do you know how chip & pin works?

In message , Cynic writes

The 'cashback' deal between the banks and the retailers is for Debit Cards only. Every customer tendering a debit card MUST be offered cashback. The idea is to reduce the need for bank counters & cashiers and ATMs and it reduces the amount of cash the retailer has to hold, count and bank so reducing their cost too..

In message , Palindr?me writes

How do you know? Have you inserted one into an ATM to see what happens?. Will it ask for a PIN even though one has not been issued?

(These are genuine questions, I am not trying to say you are wrong)

In message , GSV Three Minds in a Can writes

Only becuase the holder has no PIN. Do the ATMs accept the C&S card and ask for a PIN or does it say 'sorry' or does it just reject the card?

Bitstring , from the wonderful person john boyle said

I decline to experiment in case it says 'sorry' and =retains= it - given the hassle of acquiring it in the first place, I'll let someone else experiment (or maybe someone here already knows?)

Bitstring , from the wonderful person john boyle said

Yes, but does that mean shops CAN give cashback on Credit cards (but are not obliged to offer it), or that they can't? I'd always assumed that they can't, but maybe with PIN based credit cards they now can?

In message , GSV Three Minds in a Can writes

They can't.

I dont believe they can.

LOL, no I haven't put one of them in an ATM.

Sue: "Your ATM has eaten my card" Bank: "But Ms Briggs, it's a chip & sig card and we haven't given you a PIN, why on Earth did you do it?" Sue: "Erm, to see what happens..."

Actually being held up for it could be less fun.. like explaining to a mugger that I couldn't give him a PIN for the card he has just got off me because it is a chip and sig card and doesn't have one. Yes I did just put it in an ATM, but that was to see what happens, not to get out money... Yep, he'll believe that.

After today's confrontation with natwest, I put my chip & /sig/ card into two different ATMs. Both asked for the PIN. The original (faulty) cards a year ago caused the ATM to say there was no PIN for the card and no transaction could be undertaken.

So either natwest screwed up and these never were sig cards in spite of what they said, or maybe they've been reprogrammed by some EPOS terminal

- is that possible???

Not exactly the sort of thing that would happen just because a CCTV or whoever is overlooking the operation :-) Irrelevant.

Yet the banks don't currently find all the shops that are cloning magstripes and shut them down, so why will they suddenly make the connection with those stealing pin's ?

Jim.

"Mike Scott" wrote

Equally, the same thing with a chip+pin card wouldn't happen "just because a CCTV or whoever is overlooking the operation". So your point is?

"Mike Scott" wrote

Just because you say so, doesn't make it irrelevant! ;-)

One crook goes to the ATM, while the others stay with you, and if the PIN you gave them does not work, they beat you up really bad. I also have the gut feeling that the bank would not be liable for your loss any more than if you had been robbed after you have withdrawn the money yourself.

In my experiment, the 240v also destroyed about 1/4 of the card. :)