Why is bypassing the PIN on a debit card something you can do? Doesn’t that defeat the purpose of having a PIN to begin with?
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If you’re bypassing the pin the payment is processed as a credit card transaction not a debit card transaction. Credit card transactions in the US don’t require a PIN and credit cards don’t even have pins in the US.
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If you’re bypassing the pin the payment is processed as a credit card transaction not a debit card transaction. Credit card transactions in the US don’t require a PIN and credit cards don’t even have pins in the US.
The bank would still know whether or not a PIN was entered, and this information might be useful in a fraud claim case.
It isn’t concrete, but if they used a PIN then this implies they either somehow stole it from you, you use the same PIN for everything (hello address people), or you are lying to them and trying to commit fraud.
You always have a conflict between security and convinence. The more secure the more inconvinent solutions tend to be. Since the bypass is only for low amount payments and disabling a card is done in a whim this is allowed to increase convinence absolutly at cost of security. But the cost is deemed small because of the mentioned reasons.
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You always have a conflict between security and convinence. The more secure the more inconvinent solutions tend to be. Since the bypass is only for low amount payments and disabling a card is done in a whim this is allowed to increase convinence absolutly at cost of security. But the cost is deemed small because of the mentioned reasons.
A debit card is actually two types of cards at the same time, it’s a debit card and a credit card. You need to use your pin for the debit transaction but for credit, in the US, there is no PIN and you can just swipe/insert.
There’s a liability transfer for fraud and a big difference in how the payment is processed, even if it’s invisible to the consumer.
Side note: STOP USING YOUR DEBIT CARD. Get any credit card with anything you want for rewards. Your debit card exposes your bank account and any fraud takes YOUR money. Wouldn’t you rather be spending the banks money and have them figure out the fraud(credit)than need to ask politely for them to give back(debit)? There are many more consumer protections on credit accounts than debit accounts.
A debit card is actually two types of cards at the same time, it’s a debit card and a credit card. You need to use your pin for the debit transaction but for credit, in the US, there is no PIN and you can just swipe/insert.
There’s a liability transfer for fraud and a big difference in how the payment is processed, even if it’s invisible to the consumer.
Side note: STOP USING YOUR DEBIT CARD. Get any credit card with anything you want for rewards. Your debit card exposes your bank account and any fraud takes YOUR money. Wouldn’t you rather be spending the banks money and have them figure out the fraud(credit)than need to ask politely for them to give back(debit)? There are many more consumer protections on credit accounts than debit accounts.
The bank would still know whether or not a PIN was entered, and this information might be useful in a fraud claim case.
It isn’t concrete, but if they used a PIN then this implies they either somehow stole it from you, you use the same PIN for everything (hello address people), or you are lying to them and trying to commit fraud.
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