VISA Europe, the payment card firm, recently made a big thing about offering a E168m (£105m) inducement to card suppliers, merchants and banks to get them to adopt chip cards to cut down on fraud. VISA hopes that with chips in cards and new schemes...
A macro payment - where operators believe the money is - is a transaction paid by credit or debit card over a mobile phone by either manually entering card details when prompted or via an independent company that manages individuals' card details...
Many years ago I volunteered to accept a chip implant that would replace my passport, credit, medical, loyalty and membership cards, to identify me immediately so I could pass through any form of security barrier unimpeded.
Major retailers, banks and consumers are today beginning a trial of credit and debit cards that will use secure chip technology to tackle the UK’s annual £425m card fraud bill. Sandra Quinn, spokeswoman for the Chip and Pin scheme, said in a...
Because the offset card used a separate system to the bank's Visa and other cards, she said, the costs of making it chip and PIN compliant are just too high. More than 100 million chip and PIN cards have been issued in the UK to 38 million...
Cards and chip and PIN solutions are well-established technologies with a strong business case to support them. As the ID cards bill comes to a vote in the UK, Simon Moores raises his objections to the government's plans, with the downsides...
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