ktmrfs wrote:
fj12ryder wrote:
^^^^^^^Most of the "not secure" issues with the chip card is that you are not necessarily required to input your PIN when using the card. That takes away part of what makes the chip card more secure.
true. unfortunetly very very few of the chip cards require or even allow use of a PIN, so all they do is prevent card skimming. someone gets your card they can still use it.
And even with a pin, it doesn't do anything about online transactions that still require entering the card number.
That's because you aren't there yet. In Canada, all in store and at pump purchases require a PIN if you are using a chip card.
Tap and Go purchases are limited to $100 and at least one Canadian bank (mine) has a total tap limit of $200, after which you have to insert your PIN before you can use Tap and Go again.
As far as the internet goes, I use PayPal whenever I can.
