[Nifster]

Without the associated PIN it is useless

[lafroste]

I'm on my 3rd chip cc card because readers obstinately refuse to read it. And I don't use that very often. Plus, these cards have a magnetic stripe that cannot be swiped, plus I have never been asked for a PIN OR a signature when I use it. If someone just picked it up off the street there is nothing to prevent them from buying something.

I think it's just another data trolling device to track citizen's movements. It serves no other purpose (and doesn't even do that well). I hate 'em.

[Grampa Dave]

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.

[Puppage]

Exactly

[fastrock]

they do cut down on the type of thief where a sale transaction # is stolen on internet. But the chip only issues a transaction # that is used once. However, I’ve signed the machines in the US w/ Donald Duck and Donald Trump on numerous occasions and never been denied. Try it.

The full capabilities of the card are not being used when a PIN is not required.

[pluvmantelo]

Exactly.

[minnesota_bound]

I suspect my bank account was hacked a year ago come may after Target servers were hacked Dec 2015 and some hacker got my debit account info from the millions of account they stole.

The bank caught the transactions they did the same day and the card was cancelled.
If the internal servers are hacked then there is nothing you can do but get a new card.

[HLPhat]

>>Without the associated PIN it is useless

That’s funny - because I regularly make purchases with a chipped card, and I’ve NEVER been asked for the PIN.

[Cementjungle]

Without the associated PIN it is useless

I absolutely agree.