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Posts Tagged ‘chip and pin’

Homeless prepare for switchover to chip & pin

donations may be eligible for Gift AidBritain’s homeless community are preparing for the switchover to the chip & pin card payment system this weekend, with some admitting that they are unhappy with the upgrade from the current spare change system.

The hi-tech system is intended to bring those living on the high street in line with High Street retailers, who switched to the system in 2005. From the weekend, homeless people and other beggars will have to use special portable card readers in order to obtain payment from passers-by and good Samaritans.

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Posted: Jan 18th, 2010
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Cash machines to deliver electric shock as tougher penalties for an incorrect PIN

Banks and shops using chip and PIN technology are hoping for a reduction in mistakes and security alerts by giving mild electric shocks to anyone carelessly or fraudulently entering the wrong PIN number.

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Posted: Apr 9th, 2009
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