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chip and pin.     

bosley - 18 Mar 2004 08:10

next year credit card users will have to use a four digit code instead of a signature. basically , who will be the winners and losers?

gallick - 18 Mar 2004 17:11 - 2 of 7

Datacash to win.

little woman - 18 Mar 2004 18:11 - 3 of 7

To get cash out I use a four digit code - so I can't see what difference it will make. (Including how it'll stop fraud as like most people I can't remember more than one set of four digit codes, so use the same one for everything as if I didn't I'd only have to write it down instead!)

bosley - 18 Mar 2004 18:15 - 4 of 7

its not just to get cash out. it will be the norm at shops , supermarkets , apparantly , everywhere .just wondering who the manufacturers for the new cards and technology will be ? who will benefit most and who is going to lose. i have got out of nsb because i think they are going to be one of the losers from this as they specialise in owner not present security. if pin numbers become the norm then whose making the chip???/

Grandma - 19 Mar 2004 13:49 - 5 of 7

See GLD thread.

hawick - 19 Mar 2004 14:00 - 6 of 7

Yes grandma, GLD set to be a big winner, not widely recognized yet, brought my thread up.

keith thomas - 19 Mar 2004 14:24 - 7 of 7

Is Datacash going to be a winner because of this?. They recently announced a link up with IBM. Cant see how they can fail to be in a strong position, or am i not seeing something?
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