
Is it worth it?
Published: 29 March 2005 15:50 GMT
silicon.com readers are largely unimpressed with the introduction of chip and PIN, the new-to-the-UK way of paying by credit and debit cards at points of sale.
Although 56.1 per cent or respondents to a recent survey believe the point of sale technology makes their transactions more secure, a third of respondents (32.4 per cent) branded the change a 'waste of time'.
Furthermore 11.5 per cent of respondents believe the technology is actually less secure with fears of 'shoulder surfing' raising concerns about other shoppers targeting individuals who they observed entering their PIN number. The findings suggest the nation is still fairly divided on the issue.
One silicon.com reader wrote in to say: "I am quite a tall person and it is disturbing that well over 50 per cent of the time I can see what the person in front is typing and should I be inclined to misuse that information I could easily do so. Chip and PIN is clearly a poor solution and open to more methods of fraud."
silicon.com reader Mike Hart added: "At an ATM you can be careful not to disclose your PIN but in a busy shop with only those tiny 'shields' on the terminal it is just about impossible."
Other concerns were raised earlier this month about the risk of in-store CCTV cameras monitoring the point of sale and providing an opportunity to record PIN numbers being entered.
Chip and PIN was an excuse to get banks to pass fr...
Anonymous
The London Programm, ITV (London Region) Tuesday 1...
Anonymous
Many online banking sites use a system whereby the...
Richard Taylor
I cannot see how Chip and Pin BY ITSELF is more se...
Derek Cullen
I now have to (try and) remember 5 pin numbers for...
Anonymous
You will be cold calling and targeting businesses of all sizes with the goal of booking a meeting, negotiating the sale and closing the business. New ...
Huxley Associates has an ongoing requirement for good solid C++ Developers who have good commercial experience working with EPOS systems, Point of ...
s largest businesses, servicing everything from point of sale and transaction processing in our store network, through to Logistics, Back Office and ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Dell PowerVault DL2100 Powered by CommVault - Spec Sheet
Data Protection Strategies: Deduplication for More Efficient Backups
True Convergence Demands a Communication Service Provider that Embraces a Customer-Centric...
Learn how Performance Metrics for Telcomm Expense Management Drive new ROIs and SLAs
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Mark Crichard Doing business with citizen developers: Beware the legal pitfalls Legal Eye: Make sure your business is protected from potential hazards
Tim Ferguson How CIOs can achieve post-recession success Q&A: McKinsey & Company on living in the 'new normal' business world