Pin and chips

Precious pearlWho thinks the new Pin and chip cards are safe I dont. A few weeks ago my husband noticed on his statement that someone had set up an direct debit to AOL even through we do not use AOL FOR POLITICAL reasons. They also took out money from his account note this is not the first time that this has happened someone tried the same thing last year tried it here and a few minutes later it was tried in america to the tume of a couple of thousand dollars.

Well today one of my staff members she went to chk her bank balance so she could pay her phone bill and got the shock of her life someone had emptied her bank by using her card in sainsburys and tescos etc each time spending over £150.00 they took out a few hundred pounds . She said to the bank did you not find it suspicious all this unusual spending , they said it was a bit odd and on saturday they cancelled the card . Both these people still had their cards with them. The cards had been cloned.

Since PIN and Chip have been introduced I do not think they are as safe as what the banks let on. On One of the reciepts the whole of the card and expiry number is printed on . So if you have a crooked shop assisant or someone hanging around a till and picking up discarded visa slips . they can easily watch whilst someone keys in their pin number. Even if they do not have th epin at the moment they can overide it an sign the slip till at least febuary.

The woman at the bank said they have had a lot of people complaining since December about this issue.