On March 3, 2010,
in Technology,
by admin
Debit cards can be seen as vulnerable to fraud as there is a large amount of money that can be accessed with a reasonably small piece of plastic. This is something that banks and credit card processors wish to discourage, and to that end they have developed more and more sophisticated anti fraud measures.
There are [...]
On February 1, 2010,
in Technology,
by admin
Chip and pin is an antifraud measure that is gradually being introduced in Australia, with all debit cards having them by 2015.
It involves a card having a chip put in as well as the metallic stripe on the other side of the card. The chip allows a specialised computer to read the chip and so [...]