So I guess anyone can just use anyone else's credit card...

[Exterous]

Strangely enough my wife's authorized user card hadn't arrived so we decided to see what happened if she went to Chicago with my card instead. (She had her own different one as a backup)

Over a period of 5 days only two vendors had an issue with it even though I had not signed the back and it is very clearly not a woman's name on the card. The hotel questioned it (which was solved by a call to the bank) as did Marshalls. No other place even flinched taking the card or asked to see ID to see if the last names were at least the same. She even asked one place if it was ok and the clerk told her "As long as it goes through it doesn't matter to me."

We were both a bit shocked to see how few vendors were paying attention or even really cared

 

[KeithTalent]

Chip & pin bitches. Get with the times.

KT

 

[NikolaeVarius]

Chip/Pin cannot come soon enough.

 

[1sikbITCH]

Some mornings half the folks in our office will walk to pick up breakfast and coffee. The other half gives them their credit cards. Sometimes one person will pay 3 times in a row with different cards signing 3 different names.

Money's money jack nobody gives a fuk.

 

[dave_the_nerd]

Yeah - if my housemate or I run errands for the other, we just take the others' card and nobody ever says anything. Heck, they even have our photos on the back.

Of course, we also know each others' PINs, so... heheh.

 

[Naeeldar]

Strangely enough my wife's authorized user card hadn't arrived so we decided to see what happened if she went to Chicago with my card instead. (She had her own different one as a backup)

Over a period of 5 days only two vendors had an issue with it even though I had not signed the back and it is very clearly not a woman's name on the card. The hotel questioned it (which was solved by a call to the bank) as did Marshalls. No other place even flinched taking the card or asked to see ID to see if the last names were at least the same. She even asked one place if it was ok and the clerk told her "As long as it goes through it doesn't matter to me."

We were both a bit shocked to see how few vendors were paying attention or even really cared

The thing is the business/cc company is liable - not you. So it's not exactly a big concern.

 

[Anubis]

Chip & pin bitches. Get with the times.

KT

in the US chip & pin basically does not exist

 

[dank69]

The thing is the business/cc company is liable - not you. So it's not exactly a big concern.

This. Zero fucks given.

 

[dank69]

in the US chip & pin basically does not exist

Chip is basically here. Debit cards have been PIN for awhile and my new one that I'm expecting any day now will also have the chip. Dunno if CC will be going PIN anytime soon though.

 

[Anubis]

Chip is basically here. Debit cards have been PIN for awhile and my new one that I'm expecting any day now will also have the chip. Dunno if CC will be going PIN anytime soon though.

yea its here in spirit

ive gotten issued new cards that have chips/pins from amex and MC and I think Visa as well, ive set up pins for them... never had to use the pin to purchase anything


the pin readers IMO don't actually exist,

 

[JoeBleed]

Chip/Pin cannot come soon enough.

except in the US, they're leaving off the PIN bit. Which doesn't matter much to me, because the standard chip and pin system doesn't call back to the bank to verify the pin so this still leaves a hole in security for physical card thefts. There are ways to use stolen chip and pin cards with out having the pin.

using one of our chip and sign cards in Europe is a bit aggravating as stand alone ticket machines can't use them.

I also ran into an interesting situation where i bought coffee and used my card. i'm supposed to have to sign the receipt, the clerk didn't ask me to sign, i asked about it, HE signed it and gave it to me and walked off. I forgot to check if i got charged for that.

Edit: in the US at places already using the chip and sign cards, even at self checkout kiosks, i've yet to be asked to sign anything. So how is this currently more secure? sure, they can't skim the cards anymore(and use them at places that require the chip), but it doesn't help with physical card theft. I guess it will cut down on the banks losses in general and that's enough for them.

 

[Wreckem]

Chip and pin will eventually be widespread.

The problem now is retailers keep dragging their feet. That will change once they start becoming liable for the money from fraudulent purchases.

 

[NikolaeVarius]

in the US chip & pin basically does not exist

• American Express is implementing a liability shift for point of sale terminals in October, 2015.[45] For pay at the pump, at gas stations, the liability shift is October, 2017.
• Discover is implementing a liability shift on 1 October 2015. For pay at the pump at gas stations, the liability shift is 1 October 2017.[33]
• Maestro implemented a liability shift of 19 April 2013, for international cards used in the United States.[46]
• MasterCard is implementing a liability shift for point of sale terminals in October, 2015.[45] For pay at the pump, at gas stations, the liability shift is October, 2017. For ATMs, the liability shift date is in October 2016.[47]
• Visa is implementing a liability shift for point of sale terminals on 1 October 2015. For pay at the pump, at gas stations, the liability shift is 1 October 2017.[48] For ATMs, the liability shift date is 1 October 2017.[30]

 

[CraKaJaX]

On both of my CC's I have "SEE I.D." written in the box on the back. The only place that has ever even noticed it was Advance Auto Parts. And I won't say it was store policy because I mentioned I was surprised he actually checked it to which he responded he was a victim of some CC fraud and checks that for all customers. Luckily my ID matched....

 

[ViRGE]

Edit: in the US at places already using the chip and sign cards, even at self checkout kiosks, i've yet to be asked to sign anything. So how is this currently more secure? sure, they can't skim the cards anymore(and use them at places that require the chip), but it doesn't help with physical card theft. I guess it will cut down on the banks losses in general and that's enough for them.

That's all the banks want: easy prevention of card cloning. They don't want PIN because it will cause people to use their cards less.

 

[K1052]

the pin readers IMO don't actually exist

Have you not set foot inside a major retailer in the last 6 months?

I'm seeing new payment terminals pop up everywhere due to the upcoming liability shift and the need to accept token based payment via NFC.

 

[rh71]

With the new chip readers does it go in all the way or do you pull out quickly? And is the experience satisfactory?

I'd be somewhat afraid of sticking it in whole and it never spits it back out.

 

[Eug]

I've been using chip and pin for something like a decade now on my Mastercard and Visa credit cards...

...but not on my American Express. It's an discontinued card line, so they won't update it to chip and pin. Stupid, considering they have no problem allowing its continued use.

The US is really behind the times on this tech.

That's all the banks want: easy prevention of card cloning. They don't want PIN because it will cause people to use their cards less.

Chip and pin is much faster than having to print an extra receipt and get the customer to sign.

Also, up here, the cards can be use for Pay Wave or Tap To Pay or whatever it's called, for low dollar amount purchases. If I go to a big grocery store chain and spend say $40, I just tap my card on the reader and the purchase is made. For bigger purchases, chip and pin are necessary though, and it's required also for those stores who don't want the tap functionality.

 

[NoCreativity]

Have you not set foot inside a major retailer in the last 6 months?

I'm seeing new payment terminals pop up everywhere due to the upcoming liability shift and the need to accept token based payment via NFC.

And at half those retailers the new readers are mounted in such a way that the chip reader slot is inaccessible so your only option is to swipe.

 

[TwiceOver]

I've been signing the wrong name on pen pads for years... Only one time was I questioned and that is when I wrote "Not Mike", which is not my name. Sometime's I'll sign using the cashier's name from their name tag.

Nobody gives a fuck.

 

[dank69]

With the new chip readers does it go in all the way or do you pull out quickly? And is the experience satisfactory?

I'd be somewhat afraid of sticking it in whole and it never spits it back out.

You just stick in the tip and leave it there until it finishes.

 

[Eug]

When I sign for my Amex, every so often the person checks the back of my card. This includes the pen pad signatures, not just the on-paper signatures. Even for self-checkout, there is always a person there troubleshooting, and once in a while that person will check the signature on the pen pad.

No need for this for pin entry obviously.

 

[Brainonska511]

On both of my CC's I have "SEE I.D." written in the box on the back. The only place that has ever even noticed it was Advance Auto Parts. And I won't say it was store policy because I mentioned I was surprised he actually checked it to which he responded he was a victim of some CC fraud and checks that for all customers. Luckily my ID matched....

If a business actually cared, they could deny you the use of the card until you showed ID and signed the card. The signature part is a contract indicating you agree to pay for the charges you make.

 

[Viper GTS]

Chip and pin would be great if it were actually going to be fully implemented and not the half-assed version we're getting.

I have yet to encounter a working chip terminal. I've seen a few but have never successfully processed via chip.

Viper GTS

 

[JoeBleed]

And at half those retailers the new readers are mounted in such a way that the chip reader slot is inaccessible so your only option is to swipe.

I've seen this on readers capable of chip reading but aren't setup to read chips yet like this. I've used some that are setup and are mounted poorly so using the chip reader is difficult.

If the terminal is setup to read chips now and you swipe, it will tell you you have to use the chip. I forget the terminology used last time i saw it. I've been seeing the chip capable terminals around for a while, they've just not all be enabled/setup.