| The chip cards in Canada are all chip-pin.
| If the US banks do any different they are more foolish than I even
| thought. They HAVE to be chip and pin to work with the Interac banking
| system. (world wide interbank system)
From what I've read, US cards will be chip
and signature or chip and no signature for small
purchases. (We're Americans. We shouldn't have
to remember numbers or interrupt our phone
conversation to type on a dirty keypad. :)
Signature is useless for security. My own
signature written with a plastic pen on a touch-
sensitive pad looks like a 2-year-old's drawing.
I can't believe there's any check on that. It's
probably only used so that I can't easily say I
never made the purchase.
Chip and PIN sounds like it might OK. On the
other hand, why not stripe and PIN, to avoid
contactless reading? It seems to me that the
rush to achieve some fantasy of "space age"
convenience and techno-pizzazz is resulting in
a lot of dubious designs and decisions. Chips
naturally bring in all the issues of non-secure
communication, as is true of wi-fi computing:
It's convenient, it's not generally *too* risky,
but it simply can't be made as secure as direct