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Originally Posted by scastle
Actually I wasn't suggesting that they replace the pin, more that the technology could be used to scan for any devices, and the machine shut down/bank security notified if any are added.
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Only commenting on the usage of signing into an ATM - the keep the pin comment was only a throw-away
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Originally Posted by bob_builder
All these hi-tech ideas are not really needed. Once they get rid of the magnetic strip from cards (when they are all Chip&PIN) then none of these fraud machines will work anymore.
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It'll only be a matter of time before the chips are hackable - we just have to face the fact that to keep hold of your money in the modern day world we have to be extremely aware of how and when we use our cards.
I too have locked down accounts that have no money in them and no overdraft - and a way of transferring cash into them for online or bigger purchases.
I don't carry cash unless it's for a night out and always try to get cashback from supermarkets or such like rather than drawing out cash from an ATM.
Now I've only got to find a way of paying less tax and I might finally finish my house
