USA scenario here: say I have a $2000 car repair bill and use my debit card.
Can’t be bothered to put in my pincode so I hit credit, payment goes through without pincode.
Why does the consumer have the option to pick here?
In: Other
Everyone overlooking the easy answer…
International security standards required chip and PIN for payment processing. Americans were too stubborn and/or stupid to handle that, so security was compromised in the American market to satisfy whiny Chads and Karens.
Latest Answers