I have 4 credit cards with the chips: 2 Visa, 1 discover and one old and still free AMX.
None of the them use a pin #, because I don’t want cash back with these cards.
Our bank debit card uses a pin for atm withdrawals. I never use any debit card in a store or online.
Smart decision. Unfortunately, millennials live and die by the debit card. Bank fraud is only going to get worse, even with more sophisticated security methods.
I use cash. If I don’t have the cash, I don’t buy it.
Interesting quirk on the debit card. $35 was taken from my wife’s debit card for a purchase of about $8. When you go to the bank you find out there is a $35 fee for you to do anything about it.
The so called extra security from a chip is only available IF there is a PON associated with the purchase. It is not about cash back. It is about how the identifiers on each purchase works