[Magdalen] Disappearing money - please pray
Marion Thompson
marionwhitevale at gmail.com
Tue Sep 1 21:39:35 UTC 2015
We have it up here in Canada, certainly in the Greater Toronto Area /et
environs/.
Marion, a pilgrim
On 9/1/2015 5:22 PM, Roger Stokes wrote:
> They are debit or credit cards which you can hold over a reader and an
> embedded chip makes a connection with the reader to allow the
> transaction from your account to the receiving account. Certainly in
> the UK there is a limit in the value of the transaction, currently 20
> GBP but shortly to go ip to 30 GBP.
>
> Higher value transactions need to be validated with the card-holder's
> PIN which we are well-used to for card transactions in this country.
> It always amazes me that Chip and PIN is not used to the same extent
> in the USA. It is less open to fraud than signing the credit card
> slip (how many staff even make a cursory comparison of the signature
> on the slip and that on the card?).
>
> Roger
>
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