From: "Tumbleweed" 
Newsgroups: uk.finance
Subject: Re: PIN fraud
Date: Sun, 18 Apr 2004 00:42:44 +0100


"James"  wrote in message
news:471fc78e.0404171340.51daffa3@posting.google.com...
> I've declined to have a PIN with the New Type Chip and PIN credit
> cards. I've opted for a Chip and Signature Card, therefore I can't be
> held liable for being negligent with a PIN. I won't be able to draw
> money at cash machines but neither will crooks.
>
> James

The problem you will have in future (???4 or 5 years , thats how long I
guess it will take for the vast majority of people to switch over and use
PINS routinely) is that shops will decline your card if you dont put the PIN
in. Sure they'll lose your business, but they will also believe the chances
of it being fraudulent are high, so they wont mind that.
-- 
Tumbleweed

Remove my socks for email address